Orix Aviation closes A320 purchase and leaseback

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

Orix Aviation acquired a new Airbus A320 aircraft from Columbia's Avianca under a purchase and leaseback transaction.

The aircraft (MSN 5477) is powered with CFM International CFM56-5B4/P engines. It was delivered new to Avianca in February.

It follows the acquisition of another A320 aircraft (MSN 5360) under a purchase and leaseback from the Latin American carrier last November.

Avianca operates 10 A318s, 12 A319s, 31 A320s , nine A330-200s, one Fokker F100 and 10 F50s. according to Flightglobal's Ascend Online database. The Columbian carrier has three additional A320 deliveries in May, June and August this year. A fourth A320 is expected in February 2014.