Belfast Telegraph

Watch: Belfast Telegraph’s business round-up - US firm Air Lease orders 50 Airbus jets

A US aircraft leasing company has ordered 50 Airbus A220-300 jets, which features wings made in Northern Ireland.

Los Angeles-based Air Lease Corporation announced its letter of intent for a total of 100 Airbus aircraft on the first day of the Paris Air Show.

The company has now ordered 387 Airbus aircraft since 2010, but it’s the first time it has placed an order for the A220.

The aircraft, formerly known as the Bombardier C-Series before Airbus acquired a majority stake last year, had a backlog of orders for 536 planes at the end of May.

The new order comes just weeks after Bombardier put its Northern Ireland and Moroccan aerostructures divisions up for sale. The A220 wing programme is expected to be included in the deal.

Around 3,600 are employed across Bombardier’s facilities in Belfast, Newtownabbey, Dunmurry and Newtownards.

Meanwhile, professional services group EY has raised its projection for the growth of the Northern Ireland economy for 2019 from 0.9% to 1.1%.

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The latest EY Economic Eye report published on Tuesday, said that if a smooth Brexit scenario can be secured, the economy here will grow by 1.2% next year and then 1.6% into 2021 and 2022.

And the former Tyrone County Hospital in Omagh has gone on the market, two years after it was closed to make way for the town’s new primary care complex.

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