Doric Lease is in talk with "two or three" customers regarding its order for 20 Airbus A380s, which are subject to a memorandum of understanding with Airbus.
Doric's chief executive officer Mark Lapidus confirms the lessor has a list of potential customers for the deal that was signed today. "This is why we may not have enough aircraft," he says.
Airbus' chief operating officer customers John Leahy says the manufacturer has been negotiating the order with Doric for "almost a year".
"Transition costs were part of the discussion and this is why it took a year of negotiations," says Lapidus.
He explains that Doric will offer the A380s with minimum reconfiguration costs in all-economy seating layouts downstairs and premium cabins in the upper decks.
"The perception in the industry is that reconfiguration costs are expensive, but through our order we aim to minimise them," he says.
Lapidus says the order is a logical step in the company's history. Doric manages a fleet of 18 aircraft and is in the process of adding another four A380s to its portfolio.
"We have interest from airlines that don't operate this aircraft as we see growth in routes for more than 400-seat passengers," says Lapidus
"Through this order we are bringing a leasing solution for customers. We will solve their capital cost issue through leasing arrangements," he adds.
Deliveries of the A380s will start in 2016, says Lapidus and the lessor will turn the MOU into a firm order over the next couple of months.