GMT Global Republic Aviation has purchased four Airbus A320-200s from Orix Aviation, CAO understands. The four aircraft are on lease to Air India through April 2011.
Two aircraft were built in 1991, the remaining two in 1992 and are powered by V2500-A1 engines.
This is the second time over the past 12 months that GMT Global has purchased V2500-A1 engines powered A320 aircraft.
Last July it acquired four Airbus A320-200 aircraft from Aercap that are on lease until 2012 to TAM Linhas Aéreas.