Air Lease Becomes Launch Customer of Airbus A330neo

By Paul Riegler on 14 July 2014
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An A330 in flight

An A330 in flight

Airbus announced that Los Angeles-based Air Lease Corporation will be the initial launch customer for the upgraded A330neo wide-body aircraft on Monday.

Air Lease said it had signed a memorandum of understanding for 25 A330neo planes as well as for 60 of the narrow-body A321neo jets.

“When a leading lessor, ALC, is the first to sign up for a new aircraft, it’s a loud and clear signal that you’ve got it right, said Fabrice Brégier, Airbus’ CEO.

“This significant order is a strong endorsement of both our A330neo and A320neo.”

The Toulouse, France-based plane maker announced plans to spend more than a billion euros ($1.4 billion) on developing the upgraded A330 at the Farnborough International Airshow.  The plane will aim to compete with the more technologically advanced Boeing 787 Dreamliner, which is also more fuel efficient.

Airbus is promising buyers 14% efficiency gains over the existing A330.  The smaller 246-seat version of the new plane, the A330-800neo, will reportedly have a longer range than Boeing’s equivalent Dreamliner, while the larger A330-900neo won’t have the 787’s range but will be less expensive to operate.

(Photo: Accura Media Group)

Accura News

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