Air Lease Corporation has announced long-term lease placements for 19 new Airbus aircraft with Germany’s Condor, including 17 Airbus A321neos and two A320neos.

The new aircraft are scheduled to deliver to the airline starting in early 2024 until mid-2027, from ALC’s order book with Airbus.

California-based ALC currently leases five aircraft to Condor, including three A321s and two A320s.

Competitive position in European market

“This significant lease placement for 19 Airbus new generation aircraft continues ALC’s excellent relationship with Condor, one of our key German airline customers,” said Steven Udvar-Házy, executive chairman of Air Lease Corporation.

“The A321neo and A320neo are fundamental to Condor’s fleet operations and to maintain the airline’s highly competitive position in the European market.”

“We are looking forward to continuing our partnership with ALC in the future. We are thankful for this collaboration as it supports Condor in reaching its next milestones,” said Ralf Teckentrup, CEO of Condor.

“With the replacement of our entire long-haul fleet, it‘s the obvious next step for us to modernize our short/medium-haul fleet as well. We consistently focus on modern technology, maximum efficiency and the highest customer comfort and as a result, will have one of the greenest fleets in Europe.”
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