Airbus A321neo

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Air Lease Announces Encouraging Activity Update for Q2 2025
ZACKS· 2025-07-08 17:21
Core Insights - Air Lease Corporation (AL) provided an update on its aircraft investments, sales, and financing activities for Q2 2025, highlighting a strong fleet growth and sales activity driving top-line growth [1][3]. Fleet and Aircraft Investments - As of June 30, 2025, Air Lease's fleet comprised 495 owned aircraft and 53 managed aircraft, with commitments to purchase 241 additional aircraft from Boeing and Airbus, scheduled for delivery through 2031 [1][6]. - In Q2 2025, AL delivered 12 new aircraft, including six Airbus A220s, one A321neo, two Boeing 737-8s, one Boeing 787-9, and two Boeing 787-10s, and sold four aircraft to third-party buyers [2][6]. - Total aircraft investments in Q2 2025 reached $890 million, primarily occurring in the latter half of the June quarter [2][6]. - AL gained $344 million from settlements with insurers related to claims on its former Russian fleet [2][6]. Financial Performance and Market Position - Air Lease's stock has performed well, gaining 32% over the past three months, outperforming the Zacks Transportation - Equipment and Leasing industry's increase of 21.6% [4]. - The company is expected to release its Q2 2025 earnings report on August 4, which is anticipated to reflect the positive trends in fleet growth and sales activity [3].
Wizz Air Selects RTX Pratt & Whitney GTF™ Engines to Power Up to an Additional 177 Airbus A321neo Aircraft
Prnewswire· 2025-06-17 10:00
Core Insights - Wizz Air has selected Pratt & Whitney's PW1100G-JM geared turbofan engine to power an additional 177 Airbus A321neo aircraft, increasing its total order of GTF-powered aircraft to 453 [1] - The partnership with Pratt & Whitney is crucial for Wizz Air's growth strategy, aiming for a fleet of 500 aircraft within the next decade, emphasizing fuel efficiency and lower emissions [2][3] Company Developments - Wizz Air has previously ordered GTF engines for 276 Airbus A320neo, A321neo, and A321XLR aircraft in 2016 and 2020, showcasing a long-term commitment to sustainable aviation [1] - The airline currently operates a fleet of 236 Airbus A320 and A321 aircraft, with an average age of 4.56 years, and served 62.8 million passengers in 2024 [6][7] Technological Advancements - The GTF engine technology is recognized for its unmatched fuel efficiency, quieter operation, and lower emissions, aligning with Wizz Air's Customer First Compass strategy [2][3] - The next evolution of the GTF engine, the GTF Advantage, will be utilized for future A321neo and A321XLR deliveries, enhancing operational capabilities [3] Financial Commitments - Wizz Air plans to invest €14 billion over the next three years to improve customer experience, focusing on punctuality, affordability, innovation, and service [9]