Turkish LCC Pegasus Airlines has converted 25 Airbus A321neo options to a firm order, based on an initial commitment made in 2012. Pegasus, which was historically a Boeing operator, placed a firm order for 58 A320neos and 17 A321neos in December 2012—along with 25 options—to support its expansion plans to 2023. At the time, deliveries of the CFM International LEAP-1A powered aircraft were scheduled to run until 2022 and the order was valued at $12 billion at list prices. On ...

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