AerCap Holdings N.V. announced on Wednesday that it has reached an agreement with Airbus to purchase 100 new A320neo family aircraft, including the exercise of previously agreed firm options.
“This order is the largest single direct order for the type ever placed by AerCap with Airbus, and is a powerful endorsement of the A320neo Family’s enduring value and market-leading performance,” said Benoît de Saint-Exupéry, Airbus EVP Sales of the Commercial Aircraft business. “We are extremely grateful and proud to support AerCap’s vision in accelerating the global transition towards newer, modern aircraft and more efficient operations.”
Airbus states the A320neo can fly up to 3,400 nm and has 20% less fuel burn and CO2 emission per seat compared to the previous generation. It can fit up to 194 seats at maximum capacity and is powered by two CFM International and Pratt andamp; Whitney engines. The OEM claims that the aircraft can currently operate on a 50% SAF Blend and is expected to run on a 100% blend by 2030. Deliveries to AerCap are expected to begin in 2028 and continue through 2034.
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Along with the agreement, AerCap will also enter into long-term lease agreements with CFM International for 48 LEAP-1A engines through its Shannon Engine Support joint venture with Safran Aircraft Engines. Deliveries of the engines are expected to begin in the second quarter of 2026.
“By working closely with three of our long-standing partners – Frontier Airlines, CFM and Airbus – today’s transaction will drive long-term growth for AerCap through a portfolio of highly desirable, in-demand aircraft, while enabling Frontier to optimize its fleet,” said AerCap CEO Aengus Kelly. “This agreement also supports both Airbus and CFM in meeting their market-leading production and in-service commitments. In addition, we are pleased to announce the exercise of 45 of our existing options with Airbus, along with the addition of a further 55 A320neo Family aircraft to our orderbook.”
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100 Airbus A320neo family aircraft ordered by AerCap Holdings
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