Posted on: 05 March 2018
Four Airbus A320-200s have been leased out to airlines in India and China, with all the aircraft to be operating before the end of the year.
Los Angeles-based Air Lease Corporation confirmed the placement of two A320-200s with India’s IndiGo, powered by IAE V2527-engines, with both scheduled to deliver in the third quarter of the year.
Low-fare carrier IndiGo is a new customer for the lessor, with ALC’s executive vice-president Kishore Korde saying: “IndiGo has become the benchmark that many other leading low-cost airlines measure themselves against. India is a very high growth airline market and ALC is pleased to contribute to the dynamic development of airline expansion in India with these aircraft placements.”
IndiGo has a fleet of more than 150 Airbus A320 family aircraft, as well as three ATR turboprops.
The other pair of A320-200s have been leased by Dubai Aerospace Enterprise (DAE) Ltd. to China’s Air Guilin, a full-service airline which began operations mid-2016 using an A319. DAE’s leasing division, DAE Capital, has already delivered the first to the airline. The second will be delivered to the carrier, based at Guilin Liangjiang airport in Guanxi Autonomous Region, before the end of this month.
Both aircraft are equipped with CFM 56-5B4/3 PIP engines. The new aircraft will help the airline as it looks to capitalise on the country’s fast-growing domestic demand for leisure and business air travel. It currently operates four Airbus A319 and A320 aircraft, and is a joint venture between the Guilin Municipal Government and the HNA Group.