Kuwait's ALAFCO upsizes order for Airbus aircraft

Aircraft leasing firm says order for 10 A320neos has been upgraded to A321neos

Kuwait-based ALAFCO Aviation Lease and Finance Company has announced the upsizing of an order from Airbus of 10 A320neos to A321neos.

The contract was signed at Farnborough International Airshow and is part of an overall agreement signed in 2012 for 85 A320neos, the company said in a statement.           

"In a continuously growing market, ALAFCO is fully focused on offering its customers the most modern, technologically advanced and economically efficient aircraft. With the A321neo we will be able to look forward to even greater levels of efficiency and offer our customers some of the best that the industry has to offer," said Ahmad A Alzabin, ALAFCO chairman and CEO.

"This upsizing from A320neos to A321neos confirms the market trend for larger aircraft. The A321neo will bring ALAFCO's customers unbeatable economics and the highest standard of passenger comfort. It is the ideal middle of the market aircraft," added John Leahy, Airbus chief operating officer, Customers.

The A320 family is the world's best-selling single aisle product line with almost 12,600 orders since launch and more than 7,100 aircraft delivered to more than 320 operators worldwide.

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