Image courtesy of Airbus 

Air Lease Corporation on 7 March announced long term lease agreements with Aer Lingus for seven new Airbus A321neo LR aircraft to operate on transatlantic and other routes. The aircraft are from ALC’s order book with Airbus.

Deliveries of the aircraft is scheduled to begin in 2019Q2 with three deliveries in 2019 and four deliveries in 2020, for Boeing 757 replacement and new growth opportunities. IAG added smaller U.S. airports are keen to attract flights with competitive fees.

Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation said “The lease of the A321neo LR aircraft from ALC is the culmination of a long relationship with Aer Lingus. We have seen their long range fleet evolve from Boeing 747s to Airbus A330s to now Airbus A321s.

We take great pride in extending our relationship with Aer Lingus. The A321neo LR aircraft leased from ALC will allow Aer Lingus to eventually replace four Boeing 757s, and add more non-stop routes and frequencies to U.S. and Canadian cities.”

IAG CEO Willie Walsh in an Bloomberg interview added “We’ll be looking to utilize that aircraft right across our network. There’s an opportunity to consider quite a number of destinations that we wouldn’t believe possible with the wide-body larger aircraft.”

Irish Aviation Research Institute © 1 April 2017 All Rights Reserved.