Air Lease Signs Lease Agreement for Six A321neos with Air Arabia
NOV 14, 2017 - 6:30 am
Air Arabia signed a lease agreement for six Airbus A321neo long range aircraft with the Los Angeles-based Air Lease at the Dubai Airshow.
The planes will join Air Arabia’s fleet from 2019 and “will help the airline better serve its existing network as well as enter longer range routes in the near future,” the carrier said.
Founded in 2003, Air Arabia currently operates a fleet of 50 Airbus A320 aircraft, serving more than 133 routes from five hubs.
“We continue to witness growth in passenger traffic across our hubs and remain focused on our business model and mission to provide affordable fare and value for money to passengers,” said Adel Al Ali, group chief executive of Air Arabia.
The A321neo LR is the longest-range single aisle airliner on the market and Air Arabia’s A321neo LR jets will each have a capacity of 215 seats.
“We operate our business on a global basis, providing aircraft to airline customers in every major geographical region; and as the fastest-growing aviation market in the world, the Middle East region remains one of our key markets,” said Alex Khatibi, the executive vice president of Air Lease. “Our relationship with Air Arabia dates back to the formation of the airline and we are pleased to sign this lease agreement … supporting their ambitious growth plans.”
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