AerCap Holdings announced it signed an agreement with China Southern, the largest airline in both Asia and The People’s Republic of China, for the lease of twenty-four Airbus A320neo family aircraft from its order book.

The A320/A321neos will be delivered to China Southern between 2016 and 2019 and equipped with PW1100G-JM engines from Pratt & Whitney.

AerCap’s CEO Aengus Kelly said, “AerCap is proud to have China Southern, Asia’s largest airline, as our latest and largest A320neo customer. AerCap has now leased 71 A320neo aircraft delivering thru 2019. This impressive result is due to the power of the AerCap platform and the state-of-the-art technology of the A320neo.”

AeroTurbine, AerCap’s after-market subsidiary, has also agreed to purchase four older vintage aircraft from China Southern. These aircraft will be disassembled and parted-out.

Currently, AerCap has forty Airbus A320 family aircraft, five Boeing 737-800s and four Boeing 737-700s leased to China Southern.