newstodate.aero
JUN 22, 2004 (newstodate): Singapore Aircraft Leasing Enterprise has completed the placement of all its aircraft for this year, following the signature of leases for three used A320 aircraft.
Two of the aircraft have been leased to Italian carrier Volare, while the third will be operated by Turkish carrier THY.
All three aircraft have been placed with the carriers on medium term leases and are being delivered this month.
-Passenger traffic is on the rise in most major markets, creating demand for additional capacity especially in the 100-150 seat segment. This has seen the number of available aircraft decrease, which is good news for the leasing business in general, says Robert Martin, SALE managing director.
SALE estimates that industry-wide there are less than 15 used A320s scheduled to come off lease between now and the end of the year, and no new aircraft available from any source.
The next SALE aircraft available for lease will be new A320s due for delivery in the first quarter of 2005.
Two of the aircraft have been leased to Italian carrier Volare, while the third will be operated by Turkish carrier THY.
All three aircraft have been placed with the carriers on medium term leases and are being delivered this month.
-Passenger traffic is on the rise in most major markets, creating demand for additional capacity especially in the 100-150 seat segment. This has seen the number of available aircraft decrease, which is good news for the leasing business in general, says Robert Martin, SALE managing director.
SALE estimates that industry-wide there are less than 15 used A320s scheduled to come off lease between now and the end of the year, and no new aircraft available from any source.
The next SALE aircraft available for lease will be new A320s due for delivery in the first quarter of 2005.