Friday 11 January 2019

Willis Lease Finance closes deal with easyJet Airline

KUALA LUMPUR, Jan 9 (Bernama) -- Willis Lease Finance Corporation (WLFC) has closed a sale and leaseback transaction of 10 Airbus A319 aircraft with easyJet Airline. The aircraft are powered by CFM56-5B engines.
“This deal allows easyJet to leverage our entire platform -- leasing, asset management, maintenance services, engine storage and CFM56 engine portfolio -- to efficiently and cost effectively transition existing aircraft,” said WLFC president, Brian R. Hole, in a statement.
The deal provides a tailored solution designed to support easyJet in the fleet management of its existing aircraft as it introduces the latest generation of Airbus A320NEO family aircraft.
“We selected Willis Lease because of their unique ability to create and deliver a comprehensive solution that will significantly lower the risk and cost of transitioning to our fleet of new technology A320NEO aircraft,” said head of Fleet Strategy and Procurement of easyJet, Chris Essex.
easyJet, Europe’s leading airline is looking forward to building a relationship with Willis Lease over the coming years to ensure its single aisle fleet transition remains seamless.
-- BERNAMA

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