Steven Udvar-Hazy's new aircraft financing and leasing company Air Lease Corporation (ALC) has placed a firm order for 51 Airbus A320 family aircraft.
The order, which covers 31 A320s and 20 A321s, was signed during the Farnborough Air Show.
"With a wide airline customer base, and the continued global demand for replacement and growth, the A320 and the A321 are an integral part of our fleet portfolio strategy," says Udvar-Hazy. The founder and former chairman and CEO of ILFC established new lessor ALC earlier this year.
John Leahy & Stephen Udvar Hazy (middle & right)