ALC places A321s with Monarch Airlines

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Air Lease has placed two Airbus A321 aircraft on long-term leases with Monarch Airlines.

The aircraft, which are powered by International Aero Engines V2500 powerplants, are scheduled for delivery in April and May of 2015.

Last month, Monarch took delivery of two Airbus A321 aircraft under operating lease agreements with Aviation Capital Group, Flightglobal's Ascend Online database shows.

The aircraft (MSNs 5582, 5606) joined Monarch's fleet in May, according to Ascend. The carrier added two new A320s from CIT Leasing in March and April this year.