Allegiant Air to lease 13 A320s from ALAFCO

Allegiant Air has signed a 12-year lease with Kuwait-based ALAFCO Aviation Lease and Finance for 13 Airbus A320s. The carrier said the 8-year-old aircraft are expected to enter service beginning in Q1 of 2018. The agreement includes an option to purchase at the end of the lease term. The A320s will be configured with 186 seats and will be powered by CFM International’s CFM56-5B engines. Allegiant called the agreement “another important step” toward the ULCC’s planned transition to an all-Airbus fleet by 2019. Allegiant chairman and CE Maurice Gallagher said the fleet transition “will not only bring the benefit of operating efficiencies in training, scheduling, maintenance and more, but will also mean key economic advantages through greater fuel efficiency and higher seat capacity." <br/>
ATW
http://atwonline.com/leasing/allegiant-air-lease-13-a320s-alafco
6/14/17