AerCap to lease 25 Airbus aircraft Brazil’s Azul

AerCap Holdings N.V. announced today that it has signed an agreement with Azul Linhas Aéreas Brasileiras for the lease of twenty Airbus A320neo family aircraft and five Airbus A350s aircraft from its order book.

The A320neo family aircraft will be configured for up to 174 seats and equipped with CFM LEAP-1A engines.

The A320neo family aircraft are scheduled for delivery to Azul between 2016 and 2019, while deliveries of the A350s are expected between 2017 and 2018. The A350 lease contract is the execution of an initial agreement with Azul that was announced by International Lease Finance Corporation (ILFC) in April this year prior to the acquisition of ILFC by AerCap.

Currently, AerCap has two Airbus A330s leased out to Azul. Azul will use one of AerCap’s A330s for the first flight on its new international route from São Paulo, Brazil, to Fort Lauderdale, Florida, on December 1.

Source and image: AerCap