Used jet aircraft transactions: 11-18 February 2013

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

GOAL acquires 12 A319s from EasyJet

German Operating Aircraft Leasing (GOAL) purchased six A319 aircraft (2289, 2300, 2360, 2412, 2477, 2481) aircraft with CFM56-5B5/P engines from EasyJet under sale and leaseback transactions. The first three aircraft were delivered new to EasyJet in 2004, the other three in 2005.

The German company is in the process of acquiring 12 A319s from UK operator EasyJet under sale and leaseback transactions with lease terms through the second half of 2018.

According to the prospectus, the first aircraft transaction closed on 23 January 2013. The aircraft (MSN 2289) was acquired at €13.9 million ($18.1 million) and is being leased back to EasyJet for a period of five years and three months, for an initial $222,841 a month rental rate.

EasyJet is the debt provider in the transaction. The loan amounted to $13.575 million at 22 January 2013 while the residual value at the termination of the loan agreement is expected to be approximately $4.8 million.

The second aircraft (MSN 2300) is being leased at $220,541 a month through June 2018.

The rental rate of the third aircraft (MSN 2360) is being leased at $216,504 a month through August 2018.

The fourth aircraft (MSN 2412) is being leased at $210,793 a month through November 2018, while the fifth aircraft (MSN 2477) is being leased at $211,055 a month through May 2018.

The final aircraft (MSN 2481) is being leased at $210,459 a month through June 2018.

A second batch of A319s (MSNs 2492, 2503, 2514, 2527, 2528, 2538), all delivered new to EasyJet in 2005, will close on 20 June this year. The lease rates are between $215,453 and $218,909 a month, according to the prospectus.

Aerolíneas Argentinas extended the lease of an Airbus A340-300 (094) aircraft with CFM56-5C3G engines with AWAS. The 1995-vintage aircraft had been in operation with Aerolíneas Argentinas since May 2010.

Aer Lingus leased two Airbus A320 (1983, 2001) aircraft with CFM56-5B4/P engines from GECAS. The 2003-vintage aircraft were previously operated by MeridianaFly.

Alliance Air agreed to purchase a Fokker 70 (11545) aircraft with Tay 620-15 engines from International Aviation Service. The 1995-vintage aircraft was previously operated by Air Panama.

Avianca Brazil purchased an Airbus A318 (3602) aircraft with PW6122 engines from Airbus Financial Services. The 2008-vintage aircraft was previously operated by LAN Airlines.

Capstar Aviation purchased a Boeing 737-700 (28105) aircraft with CFM56-7B22 engines from Boeing Capital for part out. The 1999-vintage aircraft was previously operated by North GOL Linhas Aereas Inteligentes.

Delta Airlines purchased two Boeing MD-82 (49528, 49530) aircraft with JT8D-217C engines off lease from RPK Capital III. The 1987-vintage aircraft have been in operations with American since 2001.

Engage Aviation acquired eight Boeing MD-82 (49552, 49975, 53206, 53217, 53218, 53225, 53230, 53233) aircraft are powered by JT8D-217C engines from Alitalia. The first two MD-82s were built in 1989 and 1990. The remaining aircraft were manufactured between 1992 and 1995.

Kam Air purchased a Boeing MD-87 (53337) aircraft with JT8D-217C engines from Sunrise Asset Management. The 1992-vintage aircraft was previously operated by Scandinavian Airlines.

Monarch Airlines agreed to lease two Airbus A321 (2730, 2793) aircraft with V2533-A5 engines from ILFC. The 2006-vintage aircraft was previously operated by Cyprus Airways.

Orient Thai purchased a Boeing 747-400 (28194) aircraft with CF6-80C2B1F engines from ILFC. The 1997-vintage aircraft was previously operated by Virgin Atlantic Airways.

Rossiya - Russian Airlines leased an Airbus A319 (2465) aircraft with CFM56-5B5/P engines from GECAS. The 2005-vintage aircraft was previously operated by Frontier Airlines.

SkyWest leased a Bombardier CRJ900 (15187) aircraft with CF34-8C5 engines from Pinnacle Airlines. The 2008-vintage aircraft has been operated by Pinnacle Airlines since new.

Transaero Airlines leased a Boeing 737-800 (28228) aircraft with CFM56-7B27 engines from BBAM. The 2000-vintage aircraft was previously operated by Luxair.

United Airlines purchased a Boeing 737-500 (27532) aircraft with CFM56-3B1 engines off lease from BTMU Capital. The 1995-vintage aircraft had been operated by Continental Airlines since new.

UTair leased a Boeing 757-200 (28174) aircraft with RB211-535E4 engines from Flying Fortress US Leasing (ILFC). The 1999-vintage aircraft was previously operated by North American Airlines.