Saturday, March 3, 2012

AerCap to sell six A320s to Avolon and establishes joint venture with the company to own three A330s.

AIRLINE INDUSTRY INFORMATION-(C)1997-2010 M2 COMMUNICATIONS

Aircraft leasing group Avolon has entered into an agreement to acquire six Airbus A320 aircraft from Dutch aircraft leasing company AerCap Holdings NV (NYSE:AER), the two companies announced today.

The new aircraft, four of which were manufactured in 2010 and two in 2008, are on lease or contracted to …

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