GECAS Signs A321XLR and A330-900neo Order

At the 2019 Dubai Airshow, GE Capital Aviation Services (GECAS) signed a firm order for twelve Airbus A330-900neo aircraft and 20 new A321XLR aircraft. The lessor will take delivery of all 32 aircraft before 2027. Its A321XLR agreement is split between a new order for thirteen aircraft and the upsizing of seven A321 aircraft in its pre-existing backlog.

“Having one of the world’s most respected and influential lessors invest in the A321XLR and the A330neo, speaks volumes on their global appeal, versatility and solid value as an asset. Airbus thanks GECAS on its wise investment and endorsement of the A330neo.”

Christian Scherer, Airbus’ Chief Commercial Officer

Interestingly, the lessor’s choice of the A330neo means that it will acquire Trent 7000-72 engines made by Rolls-Royce, a competitor to its affiliate GE Aviation. However, GECAS emphasized in its press release that the A330-900 aircraft model does not compete directly with an aircraft powered by GE engines.

Sources: Airbus; GECAS