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Airbus A321neoLR orders: Jetstar the ninth airline, third LCC, to order the new long haul narrowbody

Analysis

On 22-Feb-2018 the Qantas Group announced the conversion of 18 A321neo orders to the A321neoLR. Qantas' LCC subsidiary Jetstar Airways plans to take delivery of the 18 aircraft from 2020 to 2022.

Jetstar is only the third LCC to commit to the A321neoLR, joining Air Arabia and Norwegian Air. At the Dubai Airshow in Nov-2017 Air Arabia signed a deal with Air Lease for six A321neoLRs, while in Jul-2016 Norwegian announced the conversion of 30 A320neo orders to A321neoLRs.

Air Arabia and Norwegian both plan to take delivery of A321neoLRs from 1H2019; Jetstar has to wait until mid-2020 as there are no more available early slots. Airbus completed the first A321neoLR test flight on 31-Jan-2018 and expects to certify the aircraft in 2Q2018.

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