AerCap Orders 100 Airbus A320neo Jets in Largest Single Deal
Event summary
- AerCap ordered 100 Airbus A320neo Family aircraft, including exercising existing options.
- Deliveries will begin in 2028 and continue through 2034.
- The deal includes long-term lease agreements for 48 LEAP-1A engines from CFM International.
- This is the largest single direct order AerCap has placed with Airbus.
The big picture
This order solidifies AerCap's position as the global leader in aviation leasing, with a portfolio of highly desirable aircraft. The deal supports Airbus and CFM in meeting production commitments while enabling Frontier Airlines to optimize its fleet. The transaction underscores the enduring value of the A320neo Family in a market transitioning toward more efficient operations.
What we're watching
- Fleet Utilization
- How AerCap will deploy the new aircraft to maximize returns amid shifting airline demand.
- Production Capacity
- Whether Airbus can meet delivery timelines given global supply chain constraints.
- Engine Reliability
- The pace at which CFM International's LEAP-1A engines prove their in-service performance.