Thomas Cook Airlines UK (Manchester International) has entered into conditional agreements with Singaporean lessor, Avation, for the sale and lease-back of two new A321-200s. These two aircraft, scheduled to be delivered new from Airbus (AIB, Toulouse Blagnac) in February and March 2016, are part of Thomas Cook's fleet renewal program.

"The term of the leases is initially 12 years with further 6 year options, exercisable by Thomas Cook, with the revenue from the operating leases at typical commercial lease rates," a press release said.

The ch-aviation aircraft database shows Thomas Cook operates four A321-200s and six A321-200 (sl)s.