Today Air Lease Corporation (NYSE: AL) announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Titan Airways (United Kingdom). Featuring CFM International LEAP-1A33 engines, this aircraft is the first of two A321-200neo LRs confirmed to deliver to the British carrier from ALC’s order book with Airbus. The second A321-200neo LR aircraft is scheduled to deliver to Titan Airways in Spring 2021.
“ALC is delighted to announce this new A321-200neo LR delivery to Titan Airways today,” said Lauren Kervick, Director of Marketing of Air Lease Corporation. “As the first A321neo LR to deliver to Titan Airways, this ALC aircraft will provide significant performance enhancements and operational advantages to the airline’s expanding commercial business.”
Key data points: The growth forecast = 38.7% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in eVTOL aircraft market to 2031 by propulsion type (battery-electric, hybrid-electric, and hydrogen-electric), mode of operation (piloted, autonomous, and semi-autonomous), lift technology (vectored thrust, multirotor, and lift plus cruise), application (commercial, military, emergency medical service, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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