GECAS Signs Purchase-and-Leaseback Deal with Mexico's Volaris
GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it has signed a purchase-and-leaseback transaction with Volaris for seven new Airbus A320 aircraft.
The aircraft come from the airline’s existing orderbook with Airbus and will be delivered in 2013 and 2014.
Volaris, Mexico’s second-largest carrier and largest low-cost operator, flies to more than 38 destinations in Mexico and the United States. It currently operates a fleet of 41 Airbus aircraft.
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