Hong Kong firm to buy 60 single-aisle Airbus jets

HK leasing company to buy 40 A320neo's, 20 A321neo's, as smaller jets lead way at Paris show

Associated Press

LE BOURGET, France (AP) -- A Hong Kong aircraft leasing company has agreed to buy 60 Airbus single-aisle jets, which have been selling well at this week at the Paris Air Show.

Hong Kong Aviation Capital placed an order Thursday for 40 of the new generation A320 jets and 20 new generation A321s. At list prices, the deal is worth $6.3 billion, but customers typically negotiate steep discounts on orders.

Both the A320 and the A321 are on the smaller side and meant for short- or medium-haul journeys; each seats about 180 passengers, though the A321 can be configured for up to 220.

Smaller jet purchases have made up the bulk of the orders this year as airlines renew their fleets or expand into new markets, notably in Asia and Latin America.

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