Air Lease Corporation hands over first Airbus A321XLR to Qanot Sharq
Key Points
- 1Air Lease Corporation initiated a four-aircraft leasing deal by delivering the first new Airbus A321XLR jet to Qanot Sharq.
- 2The A321XLR acquisition supports Qanot Sharq's fleet modernization and enables the launch of new medium-to-long-haul routes.
- 3Utilizing the Xtra Long Range narrowbody aircraft is expected to significantly improve the Uzbek carrier's operational efficiency and fuel economics.
Air Lease Corporation (ALC) has successfully completed the delivery of the first new Airbus A321XLR aircraft to Qanot Sharq, the private Uzbek airline. This delivery marks the initial phase of a transaction that will see ALC provide the carrier with a total of four A321XLR jets under a long-term lease agreement. The introduction of this highly anticipated long-range narrowbody model is a significant step in Qanot Sharq’s fleet modernization and expansion plans.
The Airbus A321XLR is designed to offer unprecedented single-aisle range, allowing Qanot Sharq to potentially open up new medium-to-long-haul routes from its Central Asian hub that were previously only viable using widebody aircraft. The A321XLR’s superior fuel efficiency and operational economics are expected to reduce the airline's operating costs while enhancing passenger comfort on longer flights. This strategic acquisition positions Qanot Sharq to compete more effectively in the rapidly growing regional and international markets.
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