Air Lease Corporation places six new A321neo aircraft with Air Arabia

Air Lease Corporation places six new A321neo aircraft with Air Arabia

Posted By : STAT Times 27-09-2016 00:00:00


Sept 27, 2016: Air Lease Corporation announced long term lease agreements for six new Airbus A321neo aircraft with Sharjah based Air Arabia.

The aircraft are from ALC’s order book with Airbus, delivering between January and October 2019.

“These new jets will complement the core A320 family fleet that Air Arabia operates,” said Steven F. Udvar-Házy, executive chairman of Air Lease Corporation.

“Air Arabia will now be able to expand into new destinations as well as increase capacity on their highest density routes with the most modern aircraft in this category.”

"The new technology Airbus A321neo offers range optimisation as well as reduced fuel consumption and carbon emissions, resulting in a very cost-effective aircraft option for Air Arabia’s widespread route network," said Alex Khatibi, executive vice president of Air Lease Corporation.


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