AerCap To Lease 24 A320neo Aircraft To China Southern - Quick Facts

(RTTNews) - Dutch aircraft lessor AerCap Holdings N.V. (AER) said it has signed an agreement with China-based airline China Southern Airlines Co. Ltd. (ZNH) for the lease of twenty-four Airbus A320neo family aircraft from its order book.

The A320/A321neo aircraft, to be delivered to China Southern between 2016 and 2019, will be equipped with PW1100G-JM engines from Pratt & Whitney.

In addition, AeroTurbine, AerCap's after-market subsidiary, has agreed to purchase four older vintage aircraft from China Southern. These aircraft will be disassembled and parted-out.