Singapore Aircraft Leasing Enterprise (SALE) has signed agreements for five new Airbus Industrie A320s, with two aircraft going to Saeaga Airlines of Malaysia and three to TransAer International Airlines of Ireland.
SALE, a joint venture between Boullioun Aviation Services and Singapore Airlines, has signed a five-year agreement with Saeaga for two International Aero Engine V2527-A5-powered A320s. They are scheduled for delivery in August and September 1998.
The aircraft are intended as an interim step until the carrier can finalise an order with Airbus for a further five A320s, which it plans to add in 1999. Saeaga had originally signed a letter of intent (LoI) with SALE for five A320s for delivery from January 1998, but economic uncertainties in Malaysia have forced plans to be scaled down.
SALE also announced an LoI from TransAer to lease three A320s for six years. The operator will take delivery of the first in early 1998 and two more in early 1999.
Source: Flight International