Air Lease To Deliver First of Six New Airbus A321-200neo LR Aircraft To Air Arabia
APR 15, 2019 - 6:25 am
Air Lease will deliver one new Airbus A321-200neo LR aircraft on long-term lease to Air Arabia. Featuring CFM International LEAP-1A engines, this is the first of six A321-200neo LRs scheduled to deliver to Air Arabia through 2020 from ALC’s order book with Airbus.
This A321-200neo LR is also ALC’s first Airbus long-range A321neo to deliver to the Lessor.
“We are pleased to announce the delivery of this first of six new A321-200neo LR aircraft with Air Arabia and be the first to introduce the A321LR to the region today,” said Steven F. Udvar-Házy, executive chairman of Air Lease. “This delivery is particularly significant as this is ALC’s first A321-200neo LR aircraft. A key addition to Air Arabia’s fleet, the A321-200neo LR offers dynamic long-range optimization and increased capacity as the airline expands into new destinations.”
“This new A321-200neo LR aircraft delivery strengthens our long-standing relationship with Air Arabia as the airline continues to excel as one of the premier airlines in the Middle East with the most technologically advanced, fuel-efficient aircraft,” added Alex Khatibi, EVP of Air Lease.
The coronavirus COVID-19 continues to disrupt global supply chains as it spreads throughout China, with more than 75,000 confirmed cases as of February 20, according to the World Health Organization. Generally, this has had broad implications for the market, but... read more
The The Equipment Leasing and Finance Association returned to its hometown of Washington, D.C. for its annual convention. Now in its 58th year, the premiere event for the equipment finance industry once again offered professionals the chance to learn, network... read more