News

Leasing firm Amedeo finalises $8.3bn A380 order

UK-based leasing company Amedeo finalised an order worth $8.3 billion for 20 Airbus A380s at the Singapore Airshow.

The provisional deal was originally announced at the Paris Airshow last summer.

Amedeo, previously known as Doric Lease Corporation, will offer the double-deck aircraft in a 573-seat configuration, with 427 in economy on the main deck, a further 68 on the upper deck together with 12 first class and 66 business class seats.

Chief executive Mark Lapidus said: “Today’s signature with Airbus is a great day for aviation as we offer airlines a new, more flexible way to access the unique benefits of the A380 through our tailored leasing solutions.

“As world air traffic continues to double every 15 years and airport infrastructure and slots do not, the A380 is the best solution for airlines to capture that growth and build passenger loyalty thanks to the onboard space and comfort combination that no other airliner can compete with and do so at the lowest per seat unit cost.”

Airbus chief operating officer John Leahy added: “This firm order from Amedeo is a clear recognition of the A380’s long-term market appeal.

“The A380 is the best tool for airlines to capture growth and increase profits. Amedeo’s tailored leasing solutions will make these benefits available to an even wider airline community, allowing us to expand the operator base of the A380 in partnership with Amadeo.”

More than 120 A380s currently operate in the fleets of 10 airlines.

Share article

View Comments

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.