Global full-service aircraft asset management firm ABL Aviation has announced the delivery of its sixth Airbus A220-300 sale-and-leaseback to Air France.
The latest acquisition follows the recent delivery of the fifth A220-300 from the asset management firm in September 2023.
The latest transaction, executed through a Japanese Operating Lease (JOL) structure, becomes Air France’s thirty-first Airbus A220. The carrier is moving towards a fleet total of 60 of the narrowbody A220 aircraft.
The A220-300: Efficiency Redefined
The A220 offers a 10% lower seat cost than the A318 and A319 and champions a 20% reduction in fuel consumption and carbon dioxide emissions. Its noise footprint is also 34% lower.
Fitted with advanced Pratt & Whitney PW1521G-3 geared turbofan engines, this aircraft stands at the forefront of environmental consciousness by reducing fuel consumption and emissions by an impressive 25% compared to its predecessors.
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This reduction is in alignment with Air France’s goal to reduce CO2 emissions per passenger kilometer by 30% by 2030, compared to 2019.
Air France’s Strategic Move
For Air France, the integration of the A220-300 into its fleet is a strategic decision aimed at enhancing operational efficiency and elevating passenger comfort, particularly on short-haul routes.
The aircraft boasts a spacious cabin, wide seats, and expansive windows, culminating in an enhanced travel experience for passengers.
This move not only aligns with Air France’s commitment to environmental sustainability but also positions the airline as a leader in providing superior service to its passengers.
ABL Aviation’s Perspective
Expressing his enthusiasm about the delivery, ABL Aviation’s CEO, Ali Ben Lmadani, emphasized the broader significance of this partnership.
“This delivery not only strengthens our partnership with Air France but also reflects our shared drive to advance the aviation industry,” stated Lmadani.
The asset management firm has now honoured over half of its delivery mandate, with five more deliveries still to be made to the French national carrier.
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