Air Lease Corporation (ALC) signed (04-Feb-2013) a contract with Airbus for 25 A350 family aircraft, consisting of 20 A350-900s and five A350-1000s. ALC also has options for five additional A350-1000s. With this new order, ALC becomes the 35th A350 customer and the order takes the A350 backlog to 617. Deliveries will be from 2018 to 2022. Concurrently, ALC signed a purchase order for 14 A321neo aircraft, following an earlier agreement announced at the 2012 Farnborough International Air Show for 36 A320neo family aircraft plus 14 options. With this latest confirmation from ALC, the lessor’s cumulative orders for the A320neo family have reached 50, of which up to 34 will be A321neo models. ALC will announce engine selections at a later date. [more - original PR]
ALC orders 25 A350s, adds 14 more A321neo orders
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Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
Global Fleet Outlook: Deliveries peak, as order highs decline.
Airlines are set to add more new aircraft than ever before in 2017. After years of record ordering and building backlogs, aircraft manufacturers are making good on their promises to ramp up production. The industry is enjoying record levels of growth and profitability; with solid passenger market fundamentals, and both airlines and leasing companies having access to ready liquidity, cheap debt and plentiful equity capital, making financing fleet orders easier than at any time before the global financial crisis.