AerCap reached an agreement with Airbus for the purchase of 100 new A320neo Family aircraft, including the exercise of previously agreed firm options. Deliveries are scheduled to begin in 2028 and continue through 2034.
In connection with this transaction, AerCap will also enter into long-term lease agreements with CFM International for 48 LEAP-1A engines through its Shannon Engine Support (SES) joint venture with Safran Aircraft Engines, with deliveries beginning in Q2/26.
“By working closely with three of our long-standing partners, Frontier Airlines, CFM and Airbus, today’s transaction will drive long-term growth for AerCap through a portfolio of highly desirable, in-demand aircraft, while enabling Frontier to optimize its fleet. This agreement also supports both Airbus and CFM in meeting their market-leading production and in-service commitments,” Aengus Kelly, CEO of AerCap, said. “In addition, we are pleased to announce the exercise of 45 of our existing options with Airbus, along with the addition of a further 55 A320neo Family aircraft to our orderbook.”
Benoît de Saint-Exupéry, executive vice president, sales of Airbus’ commercial aircraft business, said, “This order is the largest single direct order for the type ever placed by AerCap with Airbus, and is a powerful endorsement of the A320neo Family’s enduring value and market-leading performance. We are extremely grateful and proud to support AerCap’s vision in accelerating the global transition towards newer, modern aircraft and more efficient operations.”
