EasyJet mandates A320 sale and leasebacks to Orix Aviation

Source: Flightglobal.com
This story is sourced from Flightglobal.com

UK budget carrier EasyJet has mandated the final three Airbus A320 deliveries from a request for proposals (RFP) covering up to 12 new A320s issued in 2012 to leasing company Orix Aviation, sources indicate.

The acquisition follows the purchase and leasebacks of three A320s by Commonwealth Bank of Australia earlier this year.

Santander also acquired four new A320s from the UK carrier and arranged a Spanish operating lease transaction covering the aircraft. Banc of America Leasing closed two new deliveries.

EasyJet converted three A320 options into firm orders earlier this year. The aircraft are the final tranche of 15 narrowbodies the airline will receive through the end of the summer 2014.

During the second half of this year, EasyJet will take delivery of eight more A320s and return a single A319, giving it a fleet of 217 jets - made up of 153 A319s and 64 A320s - by the close of the financial year.

Orix Aviation and EasyJet declined to comment.