AerCap Holdings has today announced the signing of lease agreements for six new Airbus A320neo Family aircraft with new customer Azerbaijan Airlines. The agreement includes three A320neos and three A321neos, which are scheduled for delivery in 2026.
On Wednesday (October 2, 2024), AerCap Holdings N.V. announced the signing of lease agreements with new customer Azerbaijan Airlines (AZAL) for six new Airbus A320neo Family aircraft, including three A320neos and three A321neos. The lease agreements were signed by Samir Rzayev, President of Azerbaijan Airlines CJSC, and AerCap’s Chief Commercial Officer, Peter Anderson, and the aircraft are scheduled for delivery in 2026 from AerCap’s orderbook with Airbus.
In Wednesday’s announcement, AerCap’s Chief Commercial Officer, Peter Anderson, said,
“AerCap is delighted to welcome AZAL as a new customer and support them with their ongoing fleet and network expansion. The A320neo and A321neo are among the most desirable and in-demand aircraft in the world and will not only enable AZAL to serve more customers across more destinations but will also support their commitment to modernizing their fleet with the most technologically advanced fuel-efficient aircraft on the market. We wish the AZAL team every success with their expansion plans and look forward to a long and successful partnership.”
Also commenting on the new lease agreements, AZAL’s President, Samir Rzayev, added,
“The signing of these six leases significantly expands our fleet replacement, in particular with the popular A321neo. These aircraft are intended to meet the evolving needs of our passengers, providing them with maximum comfort and convenience, while also contributing to the expansion of our airline's route network. We aim to create better travel opportunities and meet customer expectations by opening new destinations and improving service quality. In addition, the document signed with a major company like AerCap further demonstrates AZAL's strong credibility in the international aviation market.”
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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