Air Lease Corporation (ALC) has delivered a new A320-200neo on long-term lease to Japanese low-cost carrier Peach Aviation.

The aircraft is powered by CFM International LEAP-1A engines, and is the first of two new A320-200neos to be delivered this December from ALC’s order book with Airbus.

As well as the two A320-200neos, Peach will also receive two new A321-200neo LRs on lease from ALC in 2021 and 2022.

“We are pleased to announce this first of four Airbus aircraft deliveries to Peach today,” said ALC executive chairman Steven Udvar-Házy.

“This most recent transaction by ALC in the Japanese market demonstrates our commitment to environmental sustainability with the most modern, fuel-efficient aircraft.

“ALC is honoured to contribute to Peach’s growing all-Airbus A320 fleet and we are confident that our A320-200neo and A321neo LR aircraft will greatly enhance the airline’s operations in its domestic and international market.”