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Air Lease Corporation Places Two New Airbus A321neos With Qanot Sharq Airlines

Air Lease Corporation (ALC) has placed two Airbus A321neos on long-term lease with Qanot Sharq Airlines, the first privately-owned airline in Uzbekistan. The aircraft is scheduled to be delivered to the carrier this fall from ALC’s orderbook with Airbus.

Air Lease Corporation Places Two A321neos on Long-Term Lease With Qanot Sharq Airlines - Courtesy ALC / Qanot Sharq

On Tuesday (August 2, 2022), Air Lease Corporation (ALC) announced the long-term placement of two new Airbus A321neos with Qanot Sharq Airlines, the first privately-owned airline in Uzbekistan. The aircraft are scheduled to be delivered in fall 2022 from ALC’s orderbook with Airbus.

In Tuesday’s announcement, Air Lease Corporation’s Vice President, AJ Abedin, said,

“We are very pleased with this placement of two new A321neo aircraft with Qanot Sharq Airlines. Thanks to positive economic reforms intended to encourage private sector growth, the Uzbek economy and middle class have been expanding and Qanot Sharq is successfully servicing the increased travel needs of this growing economy. With the addition of these two new state-of-the art A321neos equipped with long-range fuel tanks for expanded flight mission capabilities, Qanot Sharq and its passengers will benefit from new destinations, operational efficiencies and a premium travel experience.”

Also commenting on the A321neo lease placements, Qanot Sharq Airlines’ Owner, Nosir Abdugafarov, added,

“I am beyond thrilled to continue our partnership with Air Lease Corporation in order to provide the highest quality transportation for our customers. The new aircraft addition will enable the diversification of our destinations and expand the airline’s network with ability to perform short, medium, and long-haul flights.”

Qanot Sharq Airlines is the first privately-owned airline in Uzbekistan. The carrier is led by a team of highly accomplished industry professionals. Qanot Sharq operates as a scheduled carrier with service from multiple airports in Uzbekistan to destinations including Istanbul, Ankara, Dubai, Jeddah, Medina, Almaty and other Central Asian cities.

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


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