ALAFCO Aviation Lease and Finance Company, the Kuwait-based international aircraft leasing company, has upsized an order of ten A320neos to A321neos. The contract was signed today at Farnborough International Airshow. This agreement is part of an overall agreement signed in 2012 for 85 A320neo’s.

“In a continuously growing market, ALAFCO is fully focused on offering its customers the most modern, technologically advanced and economically efficient aircraft. With the A321neo we will be able to look forward to even greater levels of efficiency and offer our customers some of the best that the industry has to offer,” said Ahmad A. Alzabin, ALAFCO Chairman & CEO.

“This upsizing from A320neos to A321neos confirms the market trend for larger aircraft. The A321neo will bring ALAFCO’s customers unbeatable economics and the highest standard of passenger comfort. It is the ideal middle of the market aircraft,” said John Leahy, Airbus Chief Operating Officer, Customers.

Airbus press release