Irish aircraft leasing group Avolon has entered an
agreement with Dutch aircraft leasing company AerCap Holdings NV to
buy six Airbus A320 aircraft.
The announcement was made on 25 May and the new
aircraft were all sold by AerCap to Avolon with leases
attached.
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Four of the planes were
manufactured in 2010 and two in 2008, and are on lease or
contracted to be delivered to airlines later this
year.
The two companies have also set up a joint
venture to own three Rolls Royce-powered A330-200 aircraft, which
are leased to Russian airline national airline Aeroflot.
These aircraft are a year old and AerCap will carry
on management for the joint venture.
Claire Hack
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By GlobalData
