Airbus SE kicked off the biennial Paris air show winning an order for 100 narrow-body aircraft from Air Lease Corp., including an all-new longer-range variant of the best-selling A320 family.
The order includes 27 A321 XLR, a model that was unveiled Monday, 23 A321neos and 50 of the A220 jetliner that Airbus acquired from Bombardier Inc. The list price of the baseline A321 is $129.5 million, while the smaller A220 goes for as much as $91.5 million, valuing the total order at $11 billion before customary discounts.
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The contract marks an important win for Airbus because of the significance of the two models. The XLR is a version of Airbus’s workhorse A320 family aimed at the middle-of-the-market segment that rival Boeing Co. is also eyeing with its New Mid-market Airplane still in development. Airbus is also trying to build up the order pipeline for the A220, formerly called the C Series jet.
Other potential customers of the XLR include JetBlue Airways Corp. and Norwegian Air Shuttle ASA.
An order from Air Lease provides the A220 with a seal of approval from one of the world’s most closely watched jet purchasers. Steven Udvar-Hazy, Air Lease’s founder and chairman, has been nicknamed the “godfather” of aircraft leasing for his role in founding the industry.