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.
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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