Volaris mandates GECAS A320 sale and leasebacks

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

Mexican carrier Volaris has awarded GECAS seven of 12 new Airbus A320 deliveries scheduled through 2014.

The operating lessor will acquire the aircraft under purchase and leaseback transactions this year and in 2014.

According to Flightglobal's Ascend Online database, Volaris operates 24 A319s and 17 A320s. A total of seven new A320s are expected in 2013, while in 2014 the Mexican carrier has five deliveries scheduled.

The first aircraft (MSN 5488) scheduled for later this month.