Air Lease Corporation (ALC), the Los
Angeles-based aircraft leasing company, has signed a Letter of
Intent for 100 Airbus aircraft, including for the first time
50 A220-300s and 27 A321XLRs.
The agreement also includes an
incremental order for 23 additional A321neos.
This latest order takes ALC’s cumulative orders to 387
Airbus aircraft, making it Airbus’ third largest lessor customer.
previously the Bombardier C Series, is purpose built for the
100-150 seat market and is powered by Pratt & Whitney’s
latest-generation PW1500G geared turbofan engines.
With an order book
of 536 aircraft at the end of May 2019, the A220 has all the
credentials to win the lion’s share of the 100 to 150-seat
aircraft market estimated to represent at least 7,000 aircraft
over the next 20 years.
A321XLR is the next evolutionary
step from the A321LR which responds to market needs for even more
range and payload. From
2023, it will deliver an unprecedented range of up to 4,700nm –
15% more than the A321LR.
The extra range will enable operators to open new routes such as
India to Europe or China to Australia, as well as further
extending the Family’s non-stop reach on direct transatlantic
flights between continental Europe and the Americas.
Exclusive Interview with CEO of Vistara TATA SIA Airlines, Mr. Leslie Thng.
Air Lease Corp,