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AerCap Announces Order for 100 New Airbus A320neo Family Aircraft and Exercises Firm Options
Prnewswire· 2026-03-18 08:00
Core Viewpoint - AerCap has announced a significant order for 100 new Airbus A320neo Family aircraft, marking the largest single direct order for this aircraft type in the company's history, with deliveries scheduled from 2028 to 2034 [1][5]. Group 1: Aircraft Order Details - The agreement includes the exercise of previously agreed firm options and the addition of 55 new A320neo Family aircraft to AerCap's order book [4]. - Deliveries of the new aircraft are set to begin in 2028 and continue through 2034 [1]. Group 2: Engine Lease Agreements - AerCap will enter into long-term lease agreements with CFM International for 48 LEAP-1A engines through its Shannon Engine Support joint venture with Safran Aircraft Engines, with deliveries starting in the second quarter of 2026 [2]. Group 3: Strategic Partnerships - The transaction is expected to drive long-term growth for AerCap by enhancing its portfolio with in-demand aircraft, while also enabling Frontier Airlines to optimize its fleet [3]. - The agreement supports Airbus and CFM in fulfilling their production and service commitments [3]. Group 4: Company Overview - AerCap is recognized as a global leader in aviation leasing, serving approximately 300 customers worldwide with a comprehensive fleet solution [5]. - The company is headquartered in Dublin and is listed on the New York Stock Exchange under the ticker AER [5].