Aircraft lessor signs 50 more A320neos

Aircraft lessor signs 50 more A320neos

ALAFCO, the Kuwait-based aircraft leasing company ease, has placed an order for 50 A320neo aircraft, with options for a further 30. The deal, signed at the Dubai Airshow, marks an increase from ALAFCO’s initial order of 30 A320neos signed at the Paris Airshow earlier this year.

ALAFCO has already ordered a total of 26 A320s of which 25 have been delivered to date.

“The A320neo is the market’s favourite single-aisle aircraft family,” said Ahmed Al Zabin, ALAFCO’s Chairman. “The significant fuel burn savings it offers, combined with the operational reliability and cost effectiveness of the A320 Family, make it an absolute ‘must have’ in our portfolio to meet the demand and the requirements of our customers.”

“Higher fuel prices means airlines require fuel efficient aircraft and with the A320neo offering a 15% fuel burn reduction, it is the ideal investment. The A320neo reduces operating costs whilst enabling airlines to offer the best cabin comfort levels,” said John Leahy, Airbus Chief Operating Officer Customers. “This significant order from ALFACO confirms that the neo ticks all the right boxes and is clearly the best product on the market.”

Gary Marshall
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Gary Marshall
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