Air Lease Corp. places firm order for 51 Airbus planes with list price of $4.4 billion

Airbus gets order for 51 planes at air show

FARNBOROUGH, England — Air Lease Corp. has placed a firm order for 51 Airbus aircraft with a list price of $4.4 billion.

The recently formed aircraft financing and leasing company has ordered 20 A321 aircraft and 31 A320s.

The deal was announced by both companies Monday at the Farnborough International Air Show.

Air Lease, based in Los Angeles, will purchase and lease the aircraft to airlines worldwide.