Air Lease Corporation Delivers New Airbus A321-200neo LR to Air Arabia
Air Lease Corporation has delivered one new Airbus A321-200neo LR to Air Arabia on long-term lease. The aircraft features CFM International LEAP-1A32 engines and is the sixth of the aircraft type delivered to Air Arabia from ALC’s order book with Airbus.
On Tuesday (April 13, 2021) Air Lease Corporation (ALC) announced the delivery of one new Airbus A321-200neo LR to Air Arabia on long-term lease. The aircraft features CFM International LEAP-1A32 engines and is the sixth of six new A321-200neo LRs to be delivered to the carrier from ALC’s order book with Airbus. In Tuesday’s announcement, Air Lease Corporation’s Executive Chairman, Steven F. Udvar-Házy, said,
“We are pleased to deliver our sixth new Airbus A321-200neo LR aircraft to Air Arabia. ALC’s very first Airbus long-range A321neo delivered in April 2019 to Air Arabia and we have been delighted to see our new-technology A321neos contribute to the airline’s excellent service and growing operations.”
Founded in 2003, Air Arabia is the leading low-cost carrier servicing the Middle East and North Africa (MENA) region. The carrier operates a fleet of 58 new Airbus A320 and A321 Family aircraft and serves 170 routes from five hubs in the UAE, Morocco and Egypt. The award-winning airline offers comfort, reliability and low-cost air travel. Air Arabia (PJSC) is listed on the Dubai Financial Market.
Based in Los Angeles, California, Air Lease Corporation (NYSE: AL) is a leading global aircraft leasing company. The ALC team is principally involved in the purchase of commercial aircraft and leasing them to airlines worldwide with customized leasing and financing solutions.
Source: Air Lease Corporation