Air Lease Corporation announces lease placement of seven new Airbus A321neo LR Aircraft with Aer Lingus

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Today Air Lease Corporation announced long term lease agreements with Aer Lingus for seven new Airbus A321neo LR aircraft to operate on transatlantic and other routes. The aircraft are from ALC’s order book with Airbus.

Steven F. Udvar-Házy, Executive Chairman of Air Lease Corporation, said :

“The lease of the A321neo LR aircraft from ALC is the culmination of a long relationship with Aer Lingus. We have seen their long range fleet evolve from Boeing 747s to Airbus A330s to now Airbus A321s. We take great pride in extending our relationship with Aer Lingus. The A321neo LR aircraft leased from ALC will allow Aer Lingus to eventually replace four Boeing 757s, and add more non-stop routes and frequencies to U.S. and Canadian cities.”

Grant Levy, Executive Vice President of Air Lease Corporation, said :

“The A321neo LR will be the perfect aircraft for Aer Lingus to provide its excellent service and allow it to expand into new markets while remaining a very profitable and successful airline.”

Delivery of the aircraft is scheduled to begin in the second quarter of 2019, with three deliveries in 2019 and four deliveries in 2020.

LOS ANGELES, California, March 6, 2017

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