Leading lessor signs for one A350-900 & four A320 Family aircraft
Paris Air Show, Le Bourget, France | June 15, 2015– Today at the 51st International Paris Air Show, Air Lease Corporation (NYSE: AL), the Los Angeles based aircraft leasing company announced a firm order for additional Airbus widebody and single-aisle aircraft (1 A350-900, 1 A321ceo and 3 A320ceo*) to meet strong market demand for Airbus’ modern, fuel-efficient aircraft.

Including today’s announcement, ALC’s fast growing portfolio of Airbus aircraft stands at a total of 262, of which 66 are widebodies (15 A330ceo, 25 A330neo, 21 A350-900, 5 A350-1000) and 196 are single-aisles (30 A320ceo, 31 A320neo, 26 A321ceo, 109 A321neo).

“In a market that is continually growing and developing, ALC is fully focussed on offering its customers the most modern, technologically advanced and economically efficient aircraft, which certainly includes the A320 Family and A350 XWB,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “We take great pride in our close cooperation with Airbus over the past years, which has led to the successful launch of the A330neo and A321LR. We are confident that these innovative aircraft will maximize operating efficiencies for airlines around the globe, thanks to their reliability, compelling economics and exceptional cabin comfort.”

“It’s great to see leading lessor, ALC, come back with an order for additional Airbus widebody and single-aisle aircraft to meet the needs of their customers who are demanding products that deliver both unbeatable economics and the highest standard of passenger comfort in all classes,” said John Leahy, Airbus Chief Operating Officer, Customers. “We go beyond just listening to our customers in our quest for innovation and seek active collaboration with them in order to deliver value. This is demonstrated with our latest, fuel efficient widebody and single-aisle models, the A330neo and A321LR, launched in close cooperation with ALC.”

The A350 XWB is Airbus’ all-new mid-size long range aircraft family and the latest member of the manufacturer’s leading widebody family. The A350 XWB is the world’s most modern and efficient aircraft in its size category and is setting new standards in terms of flight experience for passengers, operational efficiency and cost-effectiveness for airlines.

The A320 Family is the world’s best-selling single aisle product line with more than 11,700 orders to date and more than 6,500 aircraft delivered. Thanks to its wide cabin, all members of the A320 Family offer the industry’s best level of comfort in all classes and Airbus’ 18” wide seats in economy as standard. The newest member of the A320 Family, the A320neo, incorporates new generation engines and Sharklets (wing tip devices) which together deliver 15 percent in fuel savings.

• Signals strong demand for Airbus’ latest A330neo and A321LR models

France | March 9, 2015– Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company, has firmed up its order for 55 Airbus aircraft, comprising 25 A330-900neo and 30 A321LR – the very latest members of Airbus’ modern, fuel-efficient aircraft family.

ALC was first to sign up for the newest member of Airbus’ market leading widebody family, the A330neo, announcing a commitment for 25 A330-900neo during the launch at the 2014 Farnborough International Airshow. ALC was also the first to commit to the A321LR, the newest variant of the A321neo, after signing a Memorandum of Understanding for 30 at the launch in January 2015, increasing its commitment made for 60 A321neo at the 2014 Farnborough Airshow to 90 firm A321neo aircraft.

“We are proud to be adding these newest generation Airbus aircraft to our portfolio and to have played a part in launching these latest generation, efficient aircraft,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “We see significant market appetite for Airbus’ A321LR and A330neo models, offering operators exactly what they want – even more range, even better economics and superior level of passenger comfort.”

“ALC is always ahead of the game and we are very happy to have them on board from the start with our latest A321LR and A330neo models,” said John Leahy, Airbus Chief Operating Officer, Customers. “We listen very carefully to our customers and are clearly seeing that our strategy to constantly improve our products through incremental innovations means we are able to not only meet but exceed their highest expectations.”

Including today’s announcement, ALC’s total firm orders for Airbus aircraft stands at 258, comprising 53 A320ceo Family, 140 A320neo Family, 15 A330 Family, 25 A350 XWB Family and 25 A330neo Family.

The A321LR, the latest member of the market leading A320neo Family, will be able to fly longer routes of up to 4,000 nm. The A321LR will provide additional flexibility as it will have the longest range of any single aisle airliner, making it ideally suited to transatlantic routes and enable airlines to tap into new long haul markets which were not previously accessible with current single aisle aircraft. With 206 passengers in a comfortable two-class layout, the A321LR offers the possibility for each passenger to carry up to three bags. First deliveries will start in 2019.

The A330-800neo and the A330-900neo are two new members of the Airbus Widebody Family launched in July 2014 with first deliveries in Q4 2017. The A330neo incorporates latest generation Rolls-Royce Trent 7000 engines, aerodynamic enhancements and new cabin features. Benefitting from the excellent economics, versatility and high reliability of the A330, the A330neo reduces fuel consumption by 14% per seat, making it the most cost efficient, medium range Widebody aircraft on the market. In addition, A330neo operators will also benefit from a range increase of up to 400 nautical miles and all the operational commonality advantages of the Airbus Family.

• ALC first to commit to Airbus’ increased range option

France | January 13, 2015– Airbus has officially launched the A321neo with 97 tonnes Maximum Take Off Weight (MTOW) having secured the first commitment from Air Lease Corporation (ALC). The Los Angeles based lessor signed a Memorandum of Understanding (MoU) for 30 more A321neo, upsizing its commitments at the 2014 Farnborough Airshow from 60 to 90 and becoming the launch customer for Airbus’ increased range option.

The A321neo 97t will have, with 4,000nm, the longest range of any single aisle airliner available today and tomorrow, making it ideally suited to transatlantic routes and will allow airlines to tap into new long haul markets which were not previously accessible with current single aisle aircraft.

“We are excited to be the first to sign for the new longer range version of the A321neo,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “ALC wants a footprint in every promising market segment, including ones that can be opened by this new version of the A321neo. We pride ourselves in being able to provide our customers with the very latest, most innovative products and solutions.”

“We are delighted to officially launch the A321neo 97t option with ALC,” said John Leahy, Airbus Chief Operating Officer, Customers. “ALC is a forward-looking company who has once again demonstrated its confidence in Airbus’ latest products and innovations just six months after being a launch customer for the A330neo.” He added: “The longer haul single aisle market is a lucrative one that the A321neo will now dominate, thanks to the aircraft’s superior comfort, economics and range. This new version of the A321neo is a high revenue generating aircraft which will open up many new opportunities for our customers.”

Under the assumption that ALC’s MoUs for 30 A321neo aircraft plus 25 A330neo Family become firm orders, ALC’s total orders for Airbus aircraft would stand at 258 (53 A320ceo Family, 140 A320neo Family, 15 A330 Family, 25 A350 XWB Family and 25 A330neo Family).

The A321 97t variant is building on the continued innovations brought to the A320 Family with Airbus Cabin-Flex (ACF), which offers passengers the highest standards of comfort while providing great flexibility and profit optimisation to airlines. Thanks to an additional fuel tank in the forward underfloor hold of the aircraft, as well as minor improvements on the wing and fuselage, the A321neo 97t will be able to fly 206 passengers on longer routes of up to 4,000 nm in a comfortable two-class layout. First deliveries will have started by 2019.

The newest member of the best-selling A320 Family, the A320neo, incorporates new generation engines and Sharklets which together will deliver 20 percent in fuel savings by 2020. At the end of December 2014, firm orders for the NEO reached over 3,600 aircraft from 70 customers.

– ALC orders 25 A350 XWBs and firms up options for 14 A321neo aircraft

February 4, 2013– Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company has signed a contract for 25 A350 XWB Family aircraft, consisting of 20 A350-900 and five A350-1000, the largest member of the A350 XWB Family. ALC also has options for five additional A350-1000s. With this new order, ALC becomes the 35th A350 XWB customer and the order takes the A350 XWB backlog past 600 (to 617).

Concurrently, ALC has signed a purchase order for 14 A321neo aircraft following an earlier agreement announced at the 2012 Farnborough International Air Show for 36 A320neo Family aircraft plus 14 options. With this latest confirmation from ALC, the lessor’s cumulative orders for the A320neo Family have reached 50, of which up to 34 will be A321neo models. ALC will announce engine selections at a later date.

“The A350 XWB Family is becoming the industry benchmark for efficiency in the long haul segment, and the A320neo Family is ideal for airlines operating short to medium haul missions. These aircraft will help airlines grow their businesses while simultaneously reducing their operating costs and emissions,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “ALC offers its customers the most modern, efficient aircraft on the market, and both the A350 XWB and the NEO fit right in that category.”

“ALC’s continued confidence in Airbus products and especially our fuel efficient A350 XWB and A320neo Families is a great indicator of the long-term success of these aircraft,” said John Leahy, Airbus Chief Operating Officer, Customers. “When you offer products which cut fuel consumption by a double digit number, and combine that with low maintenance costs and the latest in cabin innovations, it’s a pretty compelling proposal whether you are in the low cost, full service or charter segment.”

The A350 XWB (Xtra Wide-Body) is an all-new mid-size long range product line comprising three versions and seating between 270 and 350 passengers in typical three-class layouts. The new family will bring a step change in efficiency compared with existing aircraft in this size category, using 25 per cent less fuel and providing an equivalent reduction in CO2 emissions. Scheduled for entry-into-service in 2014, with ALC’s newest order included, the A350 XWB has already won 617 firm orders from 35 customers worldwide.

The A320neo will enter into service in late 2015, followed by the A321neo in 2016. The A320neo Family incorporates latest generation engines and large Sharklet wing-tip devices, which together will deliver up to 15 percent in fuel savings which is equivalent to 1.4 million litres of fuel – the consumption of 1,000 mid size cars, saving 3,600 tons of CO2 per aircraft per year.

With more than 9,000 aircraft ordered and over 5,400 aircraft delivered to over 380 customers and operators worldwide, the A320 Family is the world’s best-selling single-aisle aircraft family.