Industry Two leasing companies order additional A320Neo

AerCap holdings has upped its A320Neo portfolio after signing a firm agreement to buy 50 additional aircraft. This transaction brings AerCap's firm orders for the A320Neo Family aircraft to a total of 270, owned and on order.

“AerCap is one of the most highly regarded lessors and an additional 50 A320Neo Family aircraft to an existing portfolio of 220 is a fabulous endorsement of the world’s favourite single aisle aircraft,” said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft.

AerCap is one of the global leader in aircraft leasing with, as of September 30, 2017, 1,506 owned, managed or on order aircraft in its portfolio.

Additionally, China Aircraft Leasing Group Holdings Limited (CALC), a full value-chain aircraft solutions provider for global airlines, has signed a firm order for 50 A320Neo Family aircraft. This latest incremental order brings CALC’s total order book to date to around 200 Airbus single aisle aircraft. The list price for the 50 narrow body aircraft is approximately USD5.42 billion. These Airbus A320Neo aircraft will be delivered to the Group in stages in 2023.

“We are very happy with this repeat order by CALC. It is once more a great endorsement for our leading A320 Family aircraft. With unbeatable fuel efficiency and lowest operating costs, it is the best match for CALC’s customers. Thanks to the widest single-aisle cabin in the skies the A320neo passengers will enjoy the best in class comfort,” said John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft.