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CALC firms up Airbus A320 order

Leading Chinese aircraft lessor, China Aircraft Leasing Company (CALC), has firmed up its contract with Airbus in December 2014, for 100 A32...

Leading Chinese aircraft lessor, China Aircraft Leasing Company (CALC), has firmed up its contract with Airbus in December 2014, for 100 A320 Family aircraft.

The order includes 74 A320neo, 16 A320ceo and 10 A321ceo. The contract takes CALC’s total backlog with Airbus to 140 A320 Family aircraft.
In accordance with industrial practice, Airbus will grant CALC price concessions for the deal worth US$10.2 billion.

The aircraft will be delivered in stages to CALC from 2016 to 2022.

The A320neo “new engine option” incorporates many innovations, including latest generation engines and large Sharklet wing-tip devices, which together deliver 15 percent in fuel savings from day one and 20 per cent by 2020 which is equivalent to a reduction of 5,000 tonnes of CO2 per aircraft per year.

The A320 Family is the world’s best-selling single aisle product line with more than 11,000 orders to date and over 6,300 aircraft delivered.