Dutch operating lease company International Equipment Management (IEM) has concluded a sale and lease-back deal involving three new Airbus A320s, which have just been delivered to TACA International Airlines. Singapore Airlines has firmed up its earlier commitment for up to 25 Rolls-Royce Trent-powered Airbus A380s, including 10 firm orders and 15 options. Deliveries will begin in the first quarter of 2006. Frontier Airlines has exercised options on two Airbus A319s and accelerated deliveries from the second half of 2004 to May and June 2002. The Denver, Colorado-based airline has also advanced the return of a leased Boeing 737-700 from April 2002 to September this year. Frontier now has firm orders for 14 Airbus aircraft plus options on another 15. Air Tahiti Nui is to acquire a second Airbus A340-200 on lease, to allow it to begin three weekly flights from Papeete to Paris.

Source: Flight International