Icelandair to lease two Airbus A321LRs as it phases out Boeing 757s

Icelandair has secured leases for two Airbus A321LRs as it accelerates retirement of its Boeing 757 fleet, swapping older mid-size types for long-range narrowbodies. The short-term leases support schedule continuity during the carrier's fleet transition.

Discovered 2025-09-11T15:33:15.099174-07:00 | 2025-09-11T15:33:15.099174-07:00

Briefing

What Hype is tracking

  • Icelandair has leased two Airbus A321LRs as it retires Boeing 757s — a discrete fleet change (two aircraft) that updates its narrowbody long-range capability and directly affects short- and medium-haul capacity.
  • The move aligns with broader market momentum for the A320/A321 family and active leasing demand; see Airbus A320 family poised to overtake Boeing 737 and large lessor order activity.
  • This fleet shift occurs while Icelandair remains the sole hub operator at Keflavik, underscoring the carrier's need to maintain connectivity and aircraft availability during transition.

Reported By

aviation.direct AeroTime airliners.de ch-aviation Aviation24 Breitflyte
Sources Tracked
8
First Seen
2025-09-11T15:33:15.099174-07:00
Latest Update
2025-09-16T05:15:26.232831-07:00
Coverage
Aviation

Sources

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