Announcing its 25-aircraft Airbus A330neo launch commitment on July 14 on the first day of the Farnborough International Airshow 2014, Air Lease Corporation simultaneously...

Los Angeles-based aircraft lessor Air Lease Corporation (ALC) has signed a memorandum of understanding (MOU) for 25 Airbus A330-900neo aircraft, becoming the first launch customer for the new Airbus widebody family.

Announcing its Airbus A330neo MOU on July 14 on the first day of the Farnborough International Airshow 2014, ALC simultaneously placed a firm order for 60 Airbus A321neo single-aisle aircraft.


On July 14, 2014, on the first day of the Farnborough International Airshow, Los Angeles-based leasing company Aircraft Lease Corporation announced a memorandum of understanding for 25 Airbus A330-900neo widebodies, becoming the first launch customer for the newly launched A330neo family

On July 14, 2014, on the first day of the Farnborough International Airshow, Los Angeles-based leasing company Aircraft Lease Corporation announced a memorandum of understanding for 25 Airbus A330-900neo widebodies, becoming the first launch customer for the newly launched A330neo family

 

The contact was signed at the Farnborough International Airshow by Steven Udvar-Házy, Air Lease Corporation’s chairman and chief executive officer; and Fabrice Brégier, Airbus president and CEO.

“The recently launched A330neo is a well-suited addition to ALC’s fleet as we continue to provide our customers with the most modern, fuel efficient aircraft on the market,” said Udvar-Házy. “The A330neo, like the A320neo family, will have success in the medium-range segment due to its combination of high reliability, exceptional comfort and low operating costs.”

Udvar-Házy added: “We see a significant market opportunity for the A330neo and we’re pleased that the first order bears ALC’s name. The A321neo credentials, such as its lower fuel-burn, high reliability and wider, more comfortable cabin, also fit well in our product portfolio of innovative, profitable aircraft.”

“When a leading lessor, ALC, is the first to sign up for a new aircraft, it’s a loud and clear signal that you’ve got it right,” remarked Brégier. “This significant order is a strong endorsement of both our A330neo and A320neo, confirming they fully meet the needs of the world’s most demanding airlines.”

Brégier added: “The continuing success of the A320neo paves the way for the A330neo and proves that our incremental innovation strategy to deliver reliable, innovative and efficient products at the right time is what the market wants.”

Along with its July 14, 2014 memorandum of understanding for 25 Airbus A330-900neo widebodies, Aircraft Lease Corporation simultaneously announced a firm order for 60 Airbus A321neo single-aisle jets

Along with its July 14, 2014 memorandum of understanding for 25 Airbus A330-900neo widebodies, Aircraft Lease Corporation simultaneously announced a firm order for 60 Airbus A321neo single-aisle jets

 

Including its July 14 order and MOU, ALC’s total orders and commitments for Airbus aircraft have reached 225 aircraft, of which 200 are on firm order. These include 50 A320ceo-family jets, 110 Airbus A320neo-family aircraft, 15 A330-family widebodies, and 25 A350 XWB-family widebodies.

ALC will announce engine selections for the 60 A321neo aircraft at a later date, according to Airbus.

The Airbus A330neo family will consist, at least initially, of the A330-800neo and the A330-900neo. First deliveries scheduled to start in the fourth quarter of 2017. The A330neo family will be powered by Rolls-Royce Trent 7000 engines and will offer aerodynamic enhancements and new cabin features.

Airbus says A330neo fuel consumption will be 14 per cent per seat less than in today’s A330-family members. The new family will also offer a range increase of around 400 nautical miles will have about 95 per cent parts commonality with the existing Airbus A330 family.

The manufacturer has accumulated orders for more than 10,500 Airbus A320-family jets to date and has delivered more than 6,100.

By the end of June 2014, before the Farnborough International Airshow 2014 began, firm orders for the Airbus A320neo-family had reached more than 2,800 aircraft, with orders being placed by 55 customers.

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