China Aircraft Leasing Group gives great endorsement for Airbus A320 Family aircraft

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The Group shall purchase 15 additional Airbus A320neo aircraft in January 2018 subject to the fulfilment of certain conditions.' The statement says. Airbus has so far taken orders for 5,800 of the aircraft, with the company claiming to have a 60pc market share, something strongly disputed by USA rival Boeing whose 737 airliner is a direct competitor.

The purchase brings the order book of CALC, which leases aircraft to airlines, to 200 Airbus single-aisle aircraft to date, Airbus said.

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Mr. Mike POON, Chief Executive Officer of CALC, said, "We are proud to augment our fleet by adding 50 in-demand A320neo jetliners that have outstanding fuel efficiency, reliability and passenger comfort". It also provides significant flexibility to match our fleet to our growth requirements.

Airbus has ended the year with a near-$60bn rush of orders for its bestselling A320 airliner, announcing 100 new orders and confirming details of a massive sale revealed last month.

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This new Airbus contract is in addition to an existing deal for 135 aircraft from the European manufacturer, which will be delivered to the airline over the next seven years.

Airbus has firmed up an agreement to sell 430 A320neo-family aircraft to U.S. investment company Indigo Partners in a deal worth USD$49.5 billion at list prices.

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The deal includes 274 A320neos and 156 A321neos aircrafts for Indigo Partners' four ultra-low-cost airlines - Frontier Airlines in the United States, JetSMART in Chile, Mexico's Volaris, and Wizz Air in Hungary.

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