AerCap firms up order for 50 A320neo

By Airline Adviser | July 20, 2014

AerCap, the industry leading lessor headquartered in Amsterdam, the Netherlands, has firmed up an order for 50 additional A320neo Family aircraft at the Farnborough International Airshow 2014. The contract, AerCap’s first major aircraft order following the acquisition of ILFC earlier this year, was signed by Philip Scruggs, AerCap’s President & Chief Commercial Officer and Fabrice Brégier, Airbus President and CEO. AerCap will announce its engine selection in due course.

Including the order for 50 A320neo aircraft, AerCap’s total order of A320neo aircraft rises to 200 and its total orders of Airbus aircraft rises to 945. Following the lessor’s acquisition of ILFC, AerCap becomes Airbus’ largest customer overall, both in number and value of aircraft purchased.

AerCap’s CEO Aengus Kelly said: “The A320neo family is proving to be enormously successful. AerCap has already placed 48 A320neo aircraft under lease agreement or letter of intent, so our decision to firm up for 50 additional A320neo Family aircraft is a natural extension of our fleet strategy.”

Source Airbus / Edited By Airline Adviser 07/20/14

Posted in AerCap, Airbus, Airline Adviser