Six new Airbus A320NEOs for JetSMART

Leasing firm BOC Aviation announced a deal that will see it place six Airbus A320NEO aircraft with South American ultra-low-cost carrier JetSMART Airlines, which will be powered by Pratt & Whitney’s PurePower PW1100G-JM engines.  

 Founded in 2016, JetSMART Airlines is an ultra-low-cost carrier that operates many domestic flights in Chile, Argentina and Peru as well as offering international services to Colombia, Uruguay and Brazil. The airline has carried more than 10 million passengers and is part of the airline portfolio of Indigo Partners, which also owns Frontier Airlines, Wizz Air, Volaris,  Lynx Air and Cebu Pacific. 

"We are excited to work with BOC Aviation in the management of our fleet plans towards becoming the ultra low cost carrier in South America" said Matt Bernier, CFO of JetSMART.

“We are delighted to welcome JetSMART as a new customer and we look forward to supporting the airline’s growth plans in the South American region,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “This transaction is testament to BOC Aviation’s ability to provide our customers with large-scale financing solutions as well as technologically advanced aircraft.”

easyJet confirms order for a further Airbus 56 A320neo family aircraft

easyJet confirms order for a further 56 A320neo Family aircraft

 

One of Europe's leading budget airlines, easyJet has confirmed a firm order for 56 A320neo Family aircraft following shareholder approval. The order is part of easyJet’s fleet renewal and up-gauging, cost and sustainability enhancements to the business. The agreement includes an upsizing of 18 A320neo to the larger A321neo model.

Kenton Jarvis, CFO for easyJet, said: “We believe this order will support positive returns for the business and the delivery of our strategic objectives. The new aircraft are aligned with easyJet's sustainability strategy, with the adoption of the more efficient new technology aircraft being a core component of easyJet's path to net zero emissions. Alongside this, the new aircraft are significantly quieter, with half the noise footprint of the older aircraft they are replacing.”

"easyJet has democratised flying for millions of travellers and we are delighted this latest agreement for 56 A320neo Family aircraft not only future proofs its growth as traffic rebounds, but also lays the foundations for its sustainability journey", said Christian Scherer, Chief Commercial Officer and Head of Airbus International.

easyJet currently operates a fleet of over 300 A320 Family including the A319, A320ceo, A320neo and A321neo, making it the world’s largest airline operator of Airbus’ single aisle aircraft. easyJet serves over 130 European airports in some 31 countries operating over 1,000 routes.

CDB Aviation Executes Sale and Leaseback Transaction with New Middle Eastern Customer Jazeera Airways

CDB Aviation announced this week the signing of a sale and leaseback agreement for two Airbus A320neo aircraft with a new customer in the Middle East, Kuwaiti carrier Jazeera Airways. 

The two neos will be configured with 174 economy class seats. The airline is expected to take delivery of the aircraft in September 2022.

“We’re thrilled to welcome a new customer in a new jurisdiction for our company,” pointed out Paul Boyle, CDB Aviation’s Head of Europe, the Middle East & Africa. “These aircraft will enable Jazeera to make further progress in expanding its services and capacity to serve short and medium-haul routes as it reinforces its position as one of the strongest airlines in the region.”

“Jazeera has a strong focus on growth over the coming years, and our fleet expansion plans have been greatly assisted by this new agreement with CDB Aviation,” Rohit Ramachandran, Chief Executive Officer of Jazeera Airways. “By taking two additional A320neos this year, we will be able to add more destinations to our network and increase frequencies on popular routes. We are pleased to be partnering with CDB Aviation to enable this important deal.”

CDB Aviation Leases Two A320neo Aircraft to Aer Lingus

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited, has agreed to lease two Airbus A320neo aircraft to the Irish flag carrier, Aer Lingus, for delivery during this summer season. The transaction marks the introduction of the first A320neo variant in the airline’s growing fleet.

The aircraft, which are fitted with 186 seats in an all-economy layout, will be delivered to Aer Lingus in July 2022 and will become part of the backbone of its short-haul fleet, operating on routes between Ireland and European destinations.

“We are very pleased to be joining our new European customer, Aer Lingus, on their flight path toward a carbon-neutral future through the financing of their inaugural A320neos,” commented Peter Goodman, CDB Aviation’s Chief Marketing Officer. “These latest-generation aircraft will well complement Aer Lingus’ strategic investments in their future fuel-efficient, modern fleet.”

Aer Lingus is part of IAG, the first airline group worldwide to commit to achieving net-zero carbon emissions by 2050. The group is targeting to achieve a 10% reduction in CO2 per passenger kilometre by 2025 and a 20% reduction in net emissions by 2030.

Speaking about the acquisition of two new aircraft for Aer Lingus’ short-haul fleet, Lynne Embleton, CEO of Aer Lingus, said: “This is a great opportunity to bring new, state-of-the-art aircraft into our short-haul fleet. Renewing our fleet is one of the key ways for Aer Lingus to meet our sustainability targets, which is a priority for us over the coming years.”

"The new generation Airbus A320neo aircraft is much more sustainable in terms of fuel burn and CO2 emissions, and this is not only important to Aer Lingus but also to our customers. Equally, the more environmentally friendly aircraft incur lower landing charges in some key airports, so these new A320neos will help us to reduce costs,” added Embleton.

Patrick Hannigan, CDB Aviation’s Chief Executive Officer, concluded: “Our teams worked hand in hand to expediently execute this transaction as an important element of the Irish flag carrier’s recovery plan from the impact of the pandemic on air travel. The A320neo’s operating advantages will also further strengthen Aer Lingus’ leading position among European airlines in enhancing connectivity with a focus on improving efficiency and reducing aviation’s environmental footprint.”

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Eurovision Song Contest takes to the skies...............

The Spanish airline and part of the International Airlines Group, Vueling, has designed a Eurovision branded plane, following the announcement that the carrier is the official airline of the Eurovision Song Contest 2022, which will be held in Turin from 10 to 14 May.

With more than 320 short and medium-haul routes in Europe, the company will collaborate and support the renowned European festival through its extensive flight network allowing Eurovision fans to enjoy direct flights to Turin from Barcelona and Paris.

Vueling has customised one of its Airbus A320NEO aircraft with the colours of the Eurovision Song Contest showcasing a vinyl with musical note motifs. This plane will be used on all routes in Europe and will continue to operate until the end of the summer. During this period, the airline will offer a special Eurovision onboard menu called “12 points" - the highest score that can be awarded to a country during the voting process – bringing together different types of dishes and drinks from the participating countries. Likewise, the interior of the plane will also be customised to host an in-flight event on Thursday, 12 May, where many surprises will be revealed.

The airline was recently named the best European low-cost airline of 2021 at the Skytrax World Airline Awards, which is considered the Oscars of the aviation sector; has signed a collaboration agreement and launched various initiatives and activities involving Eurovision attendees.

 

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Vueling shows off new Eurovision 2022 branded Airbus A320.....

The Spanish airline and part of the International Airlines Group, Vueling, has designed a Eurovision branded plane, following the announcement that the carrier is the official airline of the Eurovision Song Contest 2022, which will be held in Turin from 10 to 14 May.

With more than 320 short and medium-haul routes in Europe, the company will collaborate and support the renowned European festival through its extensive flight network allowing Eurovision fans to enjoy direct flights to Turin from Barcelona and Paris.

Vueling has customised one of its Airbus A320NEO aircraft with the colours of the Eurovision Song Contest showcasing a vinyl with musical note motifs. This plane will be used on all routes in Europe and will continue to operate until the end of the summer. During this period, the airline will offer a special Eurovision onboard menu called “12 points" - the highest score that can be awarded to a country during the voting process – bringing together different types of dishes and drinks from the participating countries. Likewise, the interior of the plane will also be customised to host an in-flight event on Thursday, 12 May, where many surprises will be revealed.

The airline was recently named the best European low-cost airline of 2021 at the Skytrax World Airline Awards, which is considered the Oscars of the aviation sector; has signed a collaboration agreement and launched various initiatives and activities involving Eurovision attendees.

 

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Massive order for 80 Airbus planes from leasing giant BOC Aviation

BOC Aviation Limited has entered into an agreement with Airbus to purchase 80 new Airbus A320NEO family aircraft.  All aircraft are scheduled for delivery between 2027 and 2029.

 

“We are proud to continue our long-standing relationship with Airbus, with whom we have partnered for more than 26 years,” said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. “This is the largest single order that we have ever placed and it will bring our total Airbus aircraft purchased since inception to 546. It underscores our continued confidence in the A320NEO family for its reliability and operational efficiency and reflects the popularity of the aircraft amongst our airline customers. We look forward to continuously providing our customers with such fuel-efficient and technologically advanced aircraft solutions.”

 

“Airbus thanks BOC Aviation for its unwavering trust and endorsement of the A320NEO Family with its single largest order ever placed,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International. “This significant long-term order for 80 additional aircraft is a great testimony of the sustained value of our single aisle products by one of the world’s leading lessors, BOC Aviation. We salute its vision and foresight in securing future delivery positions of these most desirable assets in the single aisle segment now and in the longer run.”

The A320neo Family incorporates new generation engines and Sharklets, which together deliver at least 20  percent fuel and CO2 savings, as well as a 50 percent noise reduction. The A321XLR version provides a further range extension to 4,700nm. This gives the A321XLR a flight time of up to 11 hours, with passengers benefitting throughout the trip from Airbus’ award-winning Airspace interior, which brings the latest cabin technology and design to the A320 Family.

At the end of February 2022 the A320neo Family had totalled more than 7,900 orders from over 120 customers. Since its Entry into Service six years ago, Airbus has delivered over 2,100 A320neo Family aircraft contributing to 10 million tons of CO2 saving.

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Volaris does new sale and leaseback deal on five Airbus planes with CDB Aviation

Volaris an ultra-low-cost carrier from Mexico operating point-to-point flights across Mexico, the United States and Central America has done a new sale and leaseback deal on five Airbus Aircraft, comprising of two A320neos and three A321neos with China Development Bank Financial Leasing Company subsidiary CDB Aviation.

The new agreement brings the number of CDB Aviation aircraft on lease to Volaris to a total of thirteen aircraft, which were secured through the lessor’s order book with Airbus, as well as Sale and Leaseback transactions with and without Pre-Delivery Payments. Four of the aircraft were already delivered and the further nine will be delivered by the fourth quarter of 2024.

“We are thrilled to be deepening our ongoing collaboration with the Volaris team in support of efforts to bolster their leadership position in the Mexican domestic market and execute on an aggressive strategy of growth and strong operational performance,” asserted Luís da Silva, CDB Aviation Head of Commercial, Americas.

“With one of the youngest, most fuel-efficient fleets in America, and alongside partners at CDB Aviation, we reinforce our ESG strategy to ensure sustainable growth in the long term. These deliveries will also bring our clients the best flying experience in the most modern technology aircraft,” said Enrique Beltranena, Volaris’ President and Chief Executive Officer.

Peter Goodman, CDB Aviation’s Chief Marketing Officer, concluded: “CDB Aviation is well-positioned to provide airlines with access to an established fleet of varied new and used aircraft types as well as wide-ranging and innovative financing solutions, anchored with the platform’s robust ability to expediently secure aircraft placements through SLB and PDP transactions.”

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Eurowings receives its first A320neo

Eurowings receives its first A320neo

Eurowings has taken delivery of its first Airbus A320neo aircraft featuring the new Airspace cabin design.

Eurowings is a long-standing all Airbus operator with 75 Airbus A320 Family Aircraft on its European network.

The Airbus Airspace cabin brings the award-winning widebody passenger experience to the single-aisle market, elevating comfort, ambience and services to the next level. Unique and customizable lighting sets the right ambience throughout all phases of flight, optimizing passenger relaxation in the quietest cabin in its class. Airspace XL bins for 60% more bags, redesigned sidewall panels maximize personal space. Airspace also offers hygienic space and antimicrobial surfaces in all lavatories.

The A320neo Family is the most successful aircraft family ever with an  operational reliability at 99,7 %. The A320neo provides operators with a 20% reduction in fuel consumption and CO2 emissions, thanks to latest technologies as new generation engines and Sharklet wing tip devices. The Airbus’ A320neo Family offers unmatched comfort in all classes and Airbus’ 18-inch wide seats in economy as standard.

 

At the end of February 2022, the A320neo Family had received nearly 7,900 orders from over 125 customers worldwide.

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ITA to lease 10 Airbus A320neo and 2 A330neo jets from AerCap

The new Italian airline resurected from the ashes of Alitalia, ITA has signed a deal to lease 12 Airbus aircraft from global leasing firm AerCap.

The long-term lease deal is for 10 new Airbus A320neo aircraft and 2 new Airbus A330neo aircraft with the first of the planes due to be delivered at the start of 2023 and the last before the end of 2024.  

Francesco Presicce, Chief Technology Officer of ITA Airways, said: "The integration of these new aircraft is perfectly in line with the Company's fleet plan. This agreement represents a further step in our strategy of building a new environmental-friendly fleet with leadingedge technologies which will optimize efficiency, quality of service and significantly reduce the environmental impact. ITA Airways places the best customer service at the centre of its strategy with a strong focus on sustainability. The collaboration with AerCap allows us to improve cost efficiencies across our fleet. I wish to thank the AerCap team for their cooperation."

Peter Anderson, Chief Commercial Officer of AerCap, said, "We are very pleased to expand our relationship with ITA Airways through the lease of these twelve advanced-technology Airbus A320neo and A330neo aircraft.  These aircraft will enable ITA Airways to expand its network, whilst advancing its commitment to maintain an environmentally friendly, fuel-efficient fleet. We thank the team at ITA Airways for the confidence they have placed in AerCap, and we look forward to building the partnership for many years to come."

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CDB Aviation Delivers First A320neo Aircraft to flynas

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the delivery of the first of up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier.

“This latest addition of NEO aircraft to flynas’ growing fleet advances its ambitious plans to expand the fleet and increase the scope of its offerings in line with the Vision 2030 program,” denoted Patrick Hannigan, CDB Aviation’s Chief Executive Officer. “The Saudi market continues to bounce back strongly post-pandemic and flynas will be well-positioned to take advantage of significant pent-up demand.”

The first aircraft, with a capacity for 174 passengers, was delivered in Toulouse, France, as part of the companies’ purchase and leaseback agreements announced in late January 2022. CDB Aviation expects to take delivery of the remaining A320neo aircraft and lease them back to the carrier.

Peter Goodman, CDB Aviation’s Chief Marketing Officer, concluded: “Our commercial team continues to address airlines’ requirements in all corners of the world, leveraging our platform’s leading market position and wide-ranging financing solutions to enhance their fleets and ramp up operations in the face of the progressing recovery across the global air transport industry.”

flynas is a Saudi Arabian leading low-cost carrier with a fleet of 34 aircraft, operating more than 1500 weekly flights to 35 domestic and international destinations. Since its launch in 2007, flynas has transported more than 55 million passengers, a number that has steadily grown over the past 14 years. flynas offers its guests best value for money through competitive fares, timely flights and superior customer service which has earned several accolades, including the Middle East’s Leading Low Cost Airline award from the World Travel Awards for seven consecutive years (from 2015 till 2021) as well as the prestigious Skytrax award for Middle East’s Best Low Cost Airline in (from 2017 till 2021).

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Jazeera Airways confirms order for 28 new A320neo family aircraft

Jazeera Airways, the Kuwaiti-based carrier, has firmed up an order with Airbus for 28 aircraft, including 20 A320neos and eight A321neos. The order confirms the Memorandum of Understanding announced in November 2021.    

“Jazeera Airways is a long-standing partner of Airbus and we are delighted to see them grow their all-Airbus fleet with an additional 28 A320neo Family aircraft”, said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International.  “The A320neo Family offers the right size, economics and customer comfort for Jazeera Airways to serve its growing customer base and open new routes competitively. We salute team Jazeera for their remarkable development and thank them for their trust and for this important order”.

“We are pleased to confirm this latest order with Airbus,” said Rohit Ramachandran, Jazeera Airways Chief Executive Officer. “By taking both A320neo and A321neo versions we will have great flexibility to extend our network to medium and longer haul destinations from Kuwait, offering passengers more choice to travel and enjoy popular destinations as much as underserved ones”

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver 20% in fuel savings and CO2 reduction compared to previous generation Airbus aircraft. The A320neo Family has received more than 7,400 orders from over 120 customers.

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60 aircraft order for Airbus from Aviation Capital Group

The Global aircraft leasing specialists Aviation Capital Group has agreed on a deal in principle with European planemaker Airbus for 60 aircraft. The Memorandum of Understanding was signed for 20 A220s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLRs.

“We are delighted to expand our portfolio with additional A220 and A320neo Family aircraft.  These highly advanced aircraft will enhance ACG’s strategic objective to offer our airline customers the most modern and fuel-efficient aircraft available,” said Thomas Baker, CEO and President of ACG.

“The order is another gratifying endorsement of our single aisle products by one of the world’s premier aircraft asset managers, ACG and the Tokyo Century Group. It also forcefully confirms the A220 as a growingly desirable aircraft and investment in the commercial aviation landscape. We congratulate and thank ACG for its decision to select both the A220 and A320neo Families,” said Christian Scherer, Chief Commercial Officer and Head of Airbus International.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. Featuring a 50% reduced noise footprint and up to 25% lower fuel burn per seat compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards, the A220 is a great aircraft for regional as well as long-distance routes operations.

Another Airbus A320NEO for IndiGo

IndiGo (InterGlobe Aviation Ltd) has taken delivery of the last of eight Airbus A320NEO aircraft powered by CFM Leap engines, on a sale and leaseback deal with BOC Aviation Limited. 

Mr. Steven Townend, Deputy Managing Director and Chief Financial Officer, BOC Aviation, said: “The delivery of these eight aircraft reflects the strong cooperation that we have established with IndiGo, India’s largest passenger airline.”

“We look forward to building on our relationships with major airline partners such as IndiGo, as we continue to support our airline customers in financing their aircraft deliveries,” added Mr. Townend.

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CDB Aviation Signs International Aircraft Lease Agreements for Five A320neo Aircraft with Avianca

CDB Aviation announced it has agreed on aircraft lease agreements with Colombia’s flag carrier Aerovías del Continente Americano S.A. Avianca - Avianca for a fleet of five Airbus A320neo aircraft.

With deliveries from the lessor’s order book planned for 2022 and 2023, the aircraft are leased on a long-term basis and configured with three different seat types: Premium, Plus, and Economy.

“We are delighted to strengthen our partnership with the longest-running airline in the Americas through a transaction that will help drive the carrier’s new strategy, with environmentally sustainable, new technology aircraft,” commented Luís da Silva, CDB Aviation Head of Commercial, Americas. “These new technology aircraft, featuring lower fuel consumption and superior operating characteristics, will advance Avianca’s commitment to the environment and position the airline for a very bright future amidst the ensuing recovery.”

Francisco Raddatz, Avianca's Vice President, Fleet, said: “We value CDB Aviation´s support and confidence in our new business model and we are happy to continue incorporating new technology aircraft that will support our network growth reducing the environmental footprint.”

CDB Aviation’s commercial team continues to expand outreach to carriers in all aviation markets, pursuing aircraft transactions through placements from its order book as well as identifying opportunities in the sale and leaseback channel.

“With the gradual easing of travel restrictions and accelerating vaccination programs across the Americas, the region’s airlines are increasingly gearing up for a recovery with more versatile fleets that can provide network flexibility, maximize capability while minimizing risk, and improving efficiency and sustainability,” underscored Peter Goodman, CDB Aviation Chief Marketing Officer.

“Our team continues to be focused on availing the carriers of the attractive financing conditions and access to the required capacity to meet a resurgence in demand,” emphasized Goodman. “We are ready and able to execute major, complex transactions in support of our customers to address their rapidly evolving requirements and position their networks for efficient recovery,” concluded Goodman.

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ITA Airways firms up order for 28 Airbus aircraft

 

ITA Airways, Italy’s new national carrier, has firmed up an order with Airbus for 28 aircraft, including seven A220s, 11 A320neos and 10 A330neos, the latest version of the most popular A330 widebody airliner. The order confirms the Memorandum of Understanding announced on 30th September 2021. In addition, the airline will pursue its plans to lease A350s to complement its fleet modernisation.

 

“Today the strategic partnership with Airbus takes an important step forward with the finalisation of the order we announced last September. In addition to this agreement, possibilities for further collaboration have emerged, in particular regarding technological developments in the aviation sector and digitalisation, where Airbus is the market leader. All this is part of the actions to achieve our environmental sustainability objectives, " said Alfredo Altavilla, Executive President of ITA Airways.

"We are very proud to partner with ITA Airways in building its long-term future with the most efficient, latest technology Airbus aircraft. This agreement supports ITA Airways business objectives to develop its network in Europe and internationally in the most sustainable way,” said Christian Scherer, Airbus Chief Commercial Officer and Head of Airbus International.

These new Airbus aircraft will expand the initial ITA Airways fleet with a new generation aircraft with better environmental performance, equipped with latest technologies and state-of-the-art cabins to guarantee maximum operational efficiencies for the airline and the best comfort to travelers.

Jazeera Airways set to order 28 new A320neo family aircraft

Jazeera Airways, the Kuwait-based budget carrier has signed a deal for 20 A320neos and 8 A321neos with European planemaker Airbus at the Dubai airshow. 

Marwan Boodai, Chairman Jazeera Airways said, “Jazeera Airways is pleased to extend its long-term relationship with Airbus further with this significant new order. We will effectively double our current fleet size to 35 aircraft by 2026. The airline has pulled out of the pandemic strongly in Q3 with a return to profitability.  We have exciting expansion plans ahead, which will further boost our contribution to the Kuwait economy and in particular the travel sector.” 

“We are proud to extend our partnership with Jazeera Airways through this latest agreement which will add an additional 28 Airbus aircraft to its all-Airbus fleet”, said Christian Scherer, Airbus Chief Commercial Officer, and Head of Airbus International. “The A320neo Family is without doubt the best platform to support Jazeera Airways’ growth plans. This is the perfect illustration of how Airbus helps escort the growth of its successful customers.” 

Rohit Ramachandran, CEO Jazeera Airways added, “By taking both A320neo and A321 neo options we will have great flexibility to extend our network to medium and longer haul destinations from Kuwait, offering passengers more choice to travel and enjoy popular destinations as much as underserved ones”.

Jazeera Airways commenced operations in 2005 and has since emerged as a leading carrier in the region. It is operating regionally and internationally serving Middle East, Europe and Asia’s top destinations from its home base Kuwait. The Kuwaiti airline supports the country’s 2035 vision to further economic expansion and transformation into a commercial hub. 

The A320neo Family incorporates the very latest technologies including new generation engines, Sharklets and aerodynamics, which together deliver 20% in fuel savings and CO2 reduction compared to previous generation Airbus aircraft. The A320neo Family has received more than 7,400 orders from over 120 customers.

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Spirit Airlines signs new lease deal for 20 Airbus A320neo aircraft

The U.S. budget carrier Spirit Airlines has signed a big deal with plane leasing giant, AerCap Holdings for the lease of 20 new Airbus A320neo aircraft, with deliveries scheduled to start early next year. 

"This is a significant transaction for AerCap with one of the most successful low-cost carriers in aviation. We are delighted to add 20 aircraft to our already substantial business with Spirit," said Aengus Kelly, CEO of AerCap. "The Airbus A320neo Family will help Spirit grow their fleet in an economical way while advancing its commitment to maintain a highly competitive, fuel-efficient fleet of aircraft equipped with engines that have lower carbon emissions than previous-generation engines. We wish to thank Ted Christie, Scott Haralson and Simon Gore for the confidence they have placed in the AerCap team and we very much look forward to working with them as these aircraft deliver."

"We are excited to further our long-standing, strategic partnership with AerCap. These 20 new aircraft help us achieve our previously announced capacity plans for 2022 and 2023, and our targeted growth in 2024, as we continue our mission of delivering More Go and providing the best value in the sky," said Simon Gore, VP and Treasurer of Spirit Airlines.

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One new Airbus A320neo aircraft for Air Travel

Aviation Capital Group has confirmed the delivery of one new Airbus A320neo aircraft on long-term lease to Air Travel. This A320neo, powered by CFM International’s LEAP-1A engines, is ACG’s first aircraft delivery to Air Travel from ACG’s order book with Airbus.

“ACG is excited to deliver this A320neo to Air Travel, a new customer for ACG,” said Tom Baker, CEO and president of ACG. “We look forward to the airline operating this modern, fuel-efficient aircraft and supporting their growth for many years to come.”

“This aircraft delivered by ACG is the first new aircraft Air Travel has taken delivery of in China since our renaming, which manifests Air Travel’s efficiency and profitability has stepped up to a new level,” said Mr. Wu Jiazhu, CEO of Air Travels. “Thanks to the cooperation between our two companies and ACG’s advanced capability of asset management, we are happy to celebrate this successful delivery. We look forward to further cooperation between Air Travel and ACG.”

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Fifteen new Airbus aircraft for budget U.S. carrier Spirit Airlines from ALC

Global aircraft leasing giant, Air Lease Corporation confirmed this week the long-term lease placements for ten new Airbus A321-200neo aircraft and sale and lease-backs of five new Airbus A320-200neo aircraft with Spirit Airlines.  

The five A320neos are scheduled to deliver to Spirit Airlines in 2021 and 2022 and will be owned by one of ALC’s managed aircraft ventures through funds managed by Waterfall Asset Management.  The ten A321neos are scheduled to deliver to Spirit Airlines from ALC’s order book with Airbus beginning in 2023 through 2024. 

“ALC is pleased to announce this transaction for fifteen Airbus A320 & A321neos with Spirit Airlines,” said Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation.  “ALC is unmatched in our ability to offer highly customized fleet planning solutions to our airline partners.  Combining sale and leasebacks for near term deliveries of Spirit’s A320neos on behalf of our managed business with direct placement of ten of our A321neos from our order book with Airbus will further enhance Spirit Airlines’ overall operations and commitment to maintain a highly competitive, fuel-efficient fleet.”

“We appreciate our partnership with ALC on the financing of 15 new aircraft delivering now through 2024. This partnership helps us to achieve our previously announced capacity plans for 2022 and 2023, and our targeted growth in 2024, as we Invest in the Guest and deliver new exciting destinations,” said Scott Haralson, Chief Financial Officer of Spirit Airlines

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