Aerospace Events

Paris Air Show: ALC to order 100 Airbus aircraft

Posted 17 June 2019

Air Lease Corporation (ALC), the Los Angeles-based aircraft leasing company, signed a Letter of Intent (LoI) at the Paris Air Show for 100 Airbus aircraft, including for the first time 50 A220-300s and 27 A321XLRs.

Above: The A220-300.
Copyright Airbus

The agreement also includes an incremental order for an additional 23 A321neos.

Founded in 2010, this latest order takes ALC’s cumulative orders to 387 Airbus aircraft, making it Airbus’ third largest lessor customer.

The A220 is the only aircraft purpose built for the 100-150 seat market; it delivers unbeatable fuel efficiency and widebody passenger comfort in a single-aisle aircraft. The A220 brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines to offer at least 20 percent lower fuel burn per seat compared to previous generation aircraft. The A220 offers the performance of larger single-aisle aircraft.

At the end of May 2019, the A220 had an order book of 536 aircraft.

The A321XLR is the next evolutionary step from the A321LR which responds to market needs for even more range and payload, creating more value for the airlines. From 2023, it will deliver an Xtra Long Range of up to 4,700nm – 15% more than the A321LR. This will enable operators to open new worldwide 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.