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Air Lease Corp orders Airbus planes worth $700 million

PARIS (Reuters) - Los Angeles-based aircraft lessor Air Lease Corp (AL.N) has placed a firm order for one A350-900, one A321ceo and three A320ceo planes from Airbus (AIR.PA), the European planemaker said at the Paris air show on Monday.

The order is worth $700 million (506 million pounds) based on list prices.

(Reporting by Tim Hepher; Editing by James Regan)