Deals - 15 September 2007

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After signing a contract with Airbus to purchase 15 new Airbus A330-200F aircraft with deliveries in 2010 and 2011, and after closing its second securitisation ACS 2007-1 Pass Through Trust this summer, Aircastle has acquired some Airbus A321s and Boeing 757s. Shanghai Airlines said in a statement to the Shanghai stock exchange that Aircastle is acquiring five Airbus A321-200s for delivery in 2011/12 and has agreed sale and leasebacks on four Boeing 757s.
The A321s are from the 150 A320-family aircraft deal Airbus and the China Aviation Supplies Import and Export Group Corpor-ation (CASGC) signed in Beijing in October.
Shanghai Airlines said it is proceeding with sale and lease-backs with Aircastle on four 757-200s (27152, 27183, 27342, 27681) with PW2037 engines. The first two were built in 1993, the third in 1994 and the remaining aircraft in 1995. The aircraft have a book value of $63.2m and are being sold for $66m.

Low-cost start-up carrier Macau Asia Express signed a lease agreement for six Airbus A320-200s from Aircastle. All six aircraft are ex-All Nippon Airways from the Guggenheim acqui-sition. The first two aircraft are expected in the first quarter of next year with four additional aircraft. The first aircraft is planned for delivery in December 2007, and by the time it starts services in March 2008, Macau Asia Express will have two aircraft. The sixth aircraft is scheduled for the first quarter of 2009.

Aeroflot-Don leased two Boeing 737-500s (25232, 25233) with CFM56-3C1 engines from Babcock & Brown through 2012. Both 1992-built aircraft were previously leased to Air France.

Aerolineas Argentinas leased an ex-Nordeste Boeing 737-500s (25425) with CFM56-3C1 engines from AWAS.
Aerolineas Argentinas also leased an Airbus A340-300 (48) with CFM56-5C3/G engines from ILFC for a period of six years. The aircraft is scheduled for delivery in October 2007.

Air Austral leased two new Boeing B777-300ER (35782, 35783) aircraft from ILFC with GE90-115B engines. The aircraft are scheduled to deliver in February and March 2009. The lease terms are for eight years each.

Air Express Sweden leased a Fokker F-100 (11286) with Tay 650-15 engines from Mass Holdings in a deal arranged by Skyways Aviation. The 1989-built ex-US Airways aircraft is subleased to Skyways.

Allegiant Air acquired two McDonnell Douglas MD-82s (49660, 49667) with JT8D-217 engines from GECAS. The 1988-built aircraft were previously leased to Aeromexico.

Alliance Air agreed to lease four Bombardier CRJ-700s (10029, 10048, 10052, 10217) with CF34-8C1 engines. MSN 10029 was pre-viously operated by Horizon Air, MSN 10048 was with Duo Airways, MSN 10052 was purchased by CR Airways and placed with Hong Kong Airlines while MSN 10217 had been operated by Styrian Spirit.

Bangkok Airways leased a new Airbus A319-100 with V2524-A5 engines from ILFC for six years. The aircraft is scheduled to deliver in January 2009.

Druk Air sold two BAE Systems 146-100 aircraft (HS1095, HS1199) with ALF502-R5 engines to German operator Express Airways for charter and ACMI operations.

Eos Airlines leased a Boeing 757-200ER (29443) with PW2040 engines from ILFC for a period of five years. The aircraft is scheduled for delivery in April 2009.

Etihad Airlines purchased an ex-Air Canada A320-200 (350) with CFM56-5A1 engines from KJ Aviation Services.
Etihad is to wetlease two Airbus A320-200s (3056, 3068) with CFM56-5B4/P engines from Air Malta for a period of five months starting in September. Both aircraft were delivered earlier this year are on 12-year leases from ILFC.

Evergreen Aircraft Sales & Leasing purchased two 747-300Ms (22704, 22705) and seven 747-200s (21682, 21707, 21708, 21941, 21942, 22234, 22389) from Northwest Airlines for part out.
Evergreen also purchased a 1988-built Boeing 747-200F (24138) with CF6-50E2 engines from Air Atlanta Icelandic.

GA Telesis acquired two Bombardier CRJ-100ERs (7080, 7091) with CF34-3A1 engines from M&T Leasing. Both 1995-built aircraft have lease attached to Comair through 2012.

Iberia leased an Airbus A340-300 (88) with CFM56-5C4 engines for delivery in November 2007. The lease term is for six years.

Jet Midwest purchased a Boeing 747-200 (21162) with JT9D-7As from Logistic Air for part out.

KD Avia leased a Boeing 737-300 (23551) with CFM56-3B1 engines from GECAS. The 1987-built aircraft was leased to US Airways.

Kenya Airways leased one new Boeing 737-800 (35286) with CFM56-7B26/3 engines from ILFC for a period of eight years. The aircraft is scheduled for delivery in October 2008. 

Norwegian Air Shuttle subleased a Boeing 737-300 (29339) with CFM56-3C1 engines from Virgin Nigeria (on lease from GECAS) as well as wet-leased an Airbus A320-200 (973) with CFM56-5B4/P engines from XL Airways France.

Primaris Airlines leased a Boeing 757-200 (24402) with RB211-535E4s from Pegasus Aviation. The 1989-built aircraft was previously operated by China Southern Airlines.

PT Linus Airways leased two 1992-built BAe 146-200s (E2204, E2210) with ALF502-R5 engines from BAE Systems Regional Aircraft.

SkyExpress leased a Boeing 737-300 (25049) with CFM56-3B2 engines from Boeing Capital.

Republic Financial acquired two Airbus A340-200s. Airbus Asset Management sold and leased back two aircraft (38, 43) with CFM56-5C3/F engines. Both are on lease to Royal Jordanian through July 2010.

Spanair leased a McDonnell MD-87 (49606) with JT9D-217C engines from SAS.

Tailwind Capital purchased with Global Principal Finance four 2003-built aircraft ex-Comair CRJ-200LRs (7730, 7755, 7756, 7763) with CF34 engines.

Zoom Airlines leased a Boeing 757-200ER (24544) with RB211-535E4 engines from Triton for 56 months in a deal managed by ILFC. The aircraft will deliver in February 2008.

Transmile Air purchased a Boeing 727-200F (21856) with JT9D-217C engines from Custom Air Transport.

Air Panama
purchased an ex-Flybe Bombardier Dash 8-300 (519) with PW123 engines from MDT Greenwich Kahala.

Air Contractors purchased an ATR-72-202F (256) with PW124B engines from FedEx Express.