The impetus for larger aircraft has resumed such that values are remaining stable with lease placements being easier than in the past. After a sluggish start and an extended gestation period for a basic stretch, orders for the A321 continued to mount in the late 1990s, perhaps at the expense of the B757. In the first ten years since launch in late 1989, the A321 managed to secure only 252 orders. Since the end of 1998, through to 2004, the total had risen to 415 representing a reduction during the period 2002 and 2004. Since 2004 orders have improved such that there are now 2,118 on order including those for the A321neo. A total of 123 net orders for the A321 were recorded in first six months of 2014 versus 67 deliveries. The backlog for the A321 now stands at 1,174, more than four times that of four years.
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