ALC places six new A321neos with Air Arabia

Air Lease Corporation (ALC) has announced long term lease agreements for six new Airbus A321neo aircraft with Air Arabia.
The aircraft are from ALC’s order book with Airbus and are scheduled for delivery between January and October 2019.
“We are delighted to have signed these six new A321neo aircraft leases with our good friends at Air Arabia. These new jets will complement the core A320 family fleet that Air Arabia operates,” averred Steven Udvar-Házy, executive chairman of ALC. “Air Arabia will now be able to expand into new destinations as well as increase capacity on their highest density routes with the most modern aircraft in this category.”
Alex Khatibi, ALC’s EVP, added, “The new technology Airbus A321neo offers range optimisation as well as reduced fuel consumption and carbon emissions, resulting in a very cost-effective aircraft option for Air Arabia’s widespread route network.”

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