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Undisclosed lessor commits to 80 Airbus A320neo Family aircraft

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Airbus has announced the signature of a Memorandum of Understanding with a leading global lessor for 80 A320neo Family aircraft.

Airbus has announced the signature of a Memorandum of Understanding with a leading global lessor for 80 A320neo Family aircraft. The agreement was completed during the Farnborough Airshow. The commitment re-enforces the appeal of the world’s bestselling single aisle Family to aircraft leasing companies.

Engine selection will be made at a later date.

Featuring the widest single aisle cabin in the sky, the efficient A320neo Family aircraft incorporates the very latest technologies including new generation engines and Sharklets, which together deliver more than 15 percent fuel and CO2 savings from day one and 20 percent by 2020 as well as 50 percent noise reduction. With more than 6,100 orders received from over 100 customers, the A320neo Family has captured some 60 percent of the market.

The Airbus A320neo family (neo for new engine option) is a development of the A320 family of narrow-body airliners produced by Airbus, the original family is renamed A320ceo, for current engine option. Launched on 1 December 2010, it made its first flight on 25 September 2014 and it was introduced by Lufthansa on 25 January 2016. Re-engined with CFM International LEAP-1A or Pratt & Whitney PW1000G engines and with large sharklets, it should be 15% more fuel efficient. Three variants are based on the previous A319, A320 and A321. Airbus received 6,031 orders by March 2018 and delivered 318 by May 2018.

In 2006 Airbus started the A320 Enhanced (A320E) program as a series of improvements targeting a 4–5% efficiency gain with large winglets (2%), aerodynamic refinements (1%), weight savings and a new aircraft cabin. At the time Airbus’ Sales Chief John Leahy said “Who’s going to roll over a fleet to a new generation aircraft for 5% better than an A320 today? Especially if another 10% improvement might be coming in the second half of the next decade based on new engine technology”.

Airbus launched the sharklet blended wingtip device during the November 2009 Dubai Airshow. Installation adds 200 kilograms (440 lb) but offers a 3.5% fuel burn reduction on flights over 2,800 km (1,500 nmi).