DUBLIN—(BUSINESS WIRE)— AerCap Holdings N.V. (“AerCap”) (NYSE: AER) has announced the delivery of its first Airbus A320neo on lease to Volaris, making the airline the first carrier in North America to operate the aircraft type. This is the first of 10 A320neo aircraft to deliver to Volaris by AerCap, with a further 6 A321neo aircraft on order, delivering through 2018.

AerCap has one of the largest Airbus A320neo Family portfolios with a total of 219 owned and on order aircraft, delivering through 2021.

AerCap President and Chief Commercial Officer Philip Scruggs said, “We are delighted to deliver our first A320neo aircraft on lease to longstanding customer, Volaris and particularly pleased to be the first to deliver the aircraft type to a carrier in North America. The A320neo aircraft is one of the most in-demand single aisle aircraft in the world, incorporating the latest technologies and the most fuel efficient engines. We look forward to continuing our successful relationship with our friends and partners at Volaris as the airline continues to expand its presence on the continent.”

“The arrival of the A320neo symbolizes an important step in our ambitious ultra low-cost strategy,” said Enrique Beltranena, CEO of Volaris. “Volaris is delighted to be the first to bring this new technology to passengers in North America.”