Air Lease Corporation has signed long-term lease agreements with Qanot Sharq Airlines for five brand-new Airbus A321neo aircraft, comprising three A321-200neo XLRs and two A321-200neo LRs. Scheduled for delivery in 2026 and 2027, these aircraft will be provided from Air Lease’s existing Airbus orderbook to support the Uzbek airline’s expanding operations.

“We are pleased to further strengthen our partnership with Qanot Sharq and support the airline’s continued growth with the addition of five new Airbus A321neo LR/XLR aircraft,” said AJ Abedin, Senior Vice President of Marketing at Air Lease Corporation. “As the airline successfully executes its expansion, these new A321neo jets will enhance its network reach while delivering exceptional performance, range, and fuel efficiency, enabling the airline to provide high quality service to the Uzbek market.”

“We are excited to expand our partnership with Air Lease and take a significant step forward in expanding our fleet with these new Airbus A321neo LR and XLR aircraft,” said Nosir Abdugafarov, Owner of Qanot Sharq Airlines. “These state-of-the-art aircraft will allow us to open new routes, improve fuel efficiency, and provide an enhanced travel experience for our passengers. As Uzbekistan’s first private airline, we are dedicated to growth and innovation, and this agreement represents a key milestone in our long-term vision to expand our destination network while maintaining our commitment to exceptional service.”

This press release includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, including anticipated delivery timelines. These statements reflect current expectations and projections regarding future results, prospects, and opportunities but do not guarantee future performance. We undertake no obligation to update these statements unless required by law. Actual results and performance may vary significantly from those expressed or implied due to various factors, including those outlined in our filings with the Securities and Exchange Commission.

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