Hong Kong Aviation Capital (HKAC) has signed a memorandum of understanding (MOU) for 40 A320neo and 20 A321neo aircraft. The agreement was signed at the Paris Air Show. HKAC CEO Donal Boylan said, “This is our first direct order with any aircraft manufacturer and our first commitment for the A320neo.” The Hong Kong-based lessor has a portfolio of more than 50 Airbus aircraft.

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