Air Lease Corporation firms up order for 36 A320neo family aircraft

Air Lease Corporation (ALC) signed a firm contract for 36 A320neo Family aircraft, 20 of which will be of the larger A321neo model in line with the market trend towards larger aircraft across all market segments, plus 14 options. This firm contract follows the Memorandum of Understanding (MoU) signed at the 2011 Paris Le Bourget Airshow. Engine selection for the aircraft will be made at a later date. With this new order, ALC’s cumulative orders for new Airbus aircraft will reach 100 (50 A320 Family, 36 A320neo Family and 14 A330 Family aircraft).