Europe

Aircastle and easyJet Complete a Ten Aircraft Purchase and Leaseback Program

easyJet

Aircastle and easyJet announced the completion of a purchase and leaseback program for ten Airbus A319-100 aircraft.

The aircraft, which were manufactured in 2005 and 2006, feature a distinctive dual over-wing door exit configuration, which enables higher density seating.

Ron Wainshal, Aircastle’s Chief Executive Officer, stated:

“We’re excited to complete our first transaction with one of the world’s top airlines and one of the few with investment grade credit ratings.  These aircraft, which are a core part of easyJet’s current fleet, have a unique and economical layout, and we expect they will find good demand once the current leases expire in a few years.”

Andrew Findlay, easyJet Chief Financial Officer, commented:

“Having announced in May our intention to initiate a rolling sale and leaseback program to facilitate our long-term exit strategy of our A319 fleet, we are very pleased to announce this transaction with Aircastle.”

Opt In Image
GET MORE STUFF LIKE THIS IN YOUR INBOX
Subscribe to our mailing list and get interesting stuff and updates to your email inbox

we respect your privacy and take protecting it seriously


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top