STAMFORD, Conn., Dec. 19, 2016 /PRNewswire/ -- Aircastle
Limited (NYSE: AYR) and easyJet plc announced the completion of a
purchase and leaseback program for ten Airbus A319-100
aircraft. The aircraft, which were manufactured in 2005 and
2006, feature easyJet's distinctive dual over-wing door exit
configuration, which enables higher density seating.
Ron Wainshal, Aircastle's CEO,
stated, "We're excited to complete our first transaction with
easyJet, one of the world's top airlines and one of the few with
investment grade credit ratings. These aircraft, which are a
core part of easyJet's current fleet, have a unique and economical
lay-out, and we expect they will find good demand once the current
leases expire in a few years."
Andrew Findlay, easyJet CFO,
commented, "Having announced in May our intention to initiate a
rolling sale and leaseback programme to facilitate our long term
exit strategy of our A319 fleet, we are very pleased to announce
this transaction with Aircastle."
About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet
aircraft to airlines throughout the world. As of September 30, 2016, Aircastle owned and managed
on behalf of its joint ventures 186 aircraft leased to 65 customers
located in 35 countries.
About easyJet plc:
easyJet is Europe's leading
airline, offering a unique and winning combination of the best
route network connecting Europe's
primary airports, with great value fares and friendly
service. easyJet flies on more of Europe's most popular routes than any other
airline. easyJet carries over 68 million passengers annually, of
which around 12 million are travelling on business. easyJet flies
over 240 aircraft on more than 780 routes to over 130 airports
across 32 countries. More than 300 million Europeans live within
one hour's drive of an easyJet airport.
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Contacts:
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For Aircastle
Limited:
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Aircastle Advisor
LLC
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The
IGB Group
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Frank Constantinople,
SVP Investor
Relations
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Leon Berman
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Tel:
+1-203-504-1063
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Tel:
+1-212-477-8438
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fconstantinople@aircastle.com
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lberman@igbir.com
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For easyJet
plc:
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Anna Knowles – Head
Of UK Public Relations & Corporate Affairs
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Tel.
+447985873313
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anna.knowles@easyjet.com
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For more information on Aircastle, please visit
www.aircastle.com.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/aircastle-and-easyjet-complete-a-ten-aircraft-purchase-and-leaseback-program-300381465.html
SOURCE Aircastle Limited