AerCap has today announced the delivery of the first three of 15 Airbus A321neo aircraft on long-term lease to AirAsia Group. The remaining 12 aircraft are scheduled for delivery in 2024 and 2025.
On Thursday (August 1, 2024), AerCap Holdings N.V. announced the delivery of the first three of 15 Airbus A321neos on long-term lease to AirAsia Group, with the remaining 12 scheduled for delivery in 2024 and 2025. Marking the delivery of the three new A321neos, AirAsia hosted a special event at their corporate headquarters ‘RedQ’ in Malaysia. The ceremony was attended by a number of esteemed guests, including the Deputy Minister of Transport Malaysia, Yang Berhormat Datuk Haji Hasbi bin Haji Habibollah, Bo Lingam, CEO of AirAsia Aviation Group, Farouk Kamal, Deputy CEO (Corporate) of AirAsia Aviation Group, among other senior representatives from AirAsia Aviation Group and Airbus.
At the special event, AerCap’s Chief Commercial Officer, Peter Anderson, said,
“The partnership between AirAsia and AerCap dates back nearly 30 years to the founding of the airline, and it is a great pleasure to celebrate the expansion of AirAsia’s fleet as we start to deliver a stream of fifteen new Airbus A321neo aircraft. These A321neo aircraft will complement AirAsia's current fleet and will bring improved cost and operational efficiencies, with more capabilities to support its continued expansion throughout the region, and well into the future. We congratulate Datuk Kamarudin Meranun, Tony Fernandes, Bo Lingam, Farouk Kamal, and the entire AirAsia team, and wish them continued success in the years to come.”
Also commenting at the special event, AirAsia Aviation Group’s CEO, Bo Lingam, said,
“This year marks a pivotal year for AirAsia’s growth as we resume our Airbus A321neo deliveries, aligning with the strong forecast demand. These new aircraft are game-changers, allowing us to enhance our route network, offer longer-range flights, and improve operational efficiency. We are also proud to be working with AerCap, the largest aviation leasing company in the world known for its extensive portfolio and global reach which underscores the industry confidence in our growth trajectory, while Airbus remains instrumental in our expansion plans over the next five years. These aircraft will be a key enabler for our Fly-thru services that have been integral to our network growth. AirAsia’s Fly-Thru guests have grown to 18% this year, and with the new aircraft, this is expected to increase to 25% by 2025. Looking ahead, we anticipate our fleet to exceed 300 aircraft within the next five years, carrying over 100 million guests annually. This expansion marks the beginning of AirAsia's new era as the world's first low-cost network carrier, with the aim to connect Asean with the world and vice versa.”
AirAsia, the aviation arm of Capital A, was founded in 2001 when Tony Fernandes and Kamarudin Meranun purchased an ailing airline with two aircraft and 200 employees, and turned it into the fourth largest in Asia, with 200+ aircraft and 21,000 team members across Malaysia, Thailand, Indonesia, Cambodia and the Philippines. Since 2001, AirAsia has carried more than 800 million guests, and currently serves over 130 destinations.
AerCap Holdings N.V. (NYSE: AER) is the global leader in aircraft leasing and maintains one of the most attractive order books in the industry. The company serves around 300 customers in 80 countries with comprehensive fleet solutions. AerCap is headquartered in Dublin and maintains offices in Shannon, Miami, Memphis, Singapore, Amsterdam, Shanghai, Dubai, Seattle, Toulouse, and other locations around the world.
Source: AerCap/PRNewswire
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