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Three A320-200s sell in slow market
16 July 2009
Asset management company, Avinco, has arranged the sale of three A320-200s, despite complex market conditions.
Avinco has arranged the
sale of three A320-200s to TES Parts Limited on behalf of GAFC
Leasing, a Cayman-based company. The 1990-91 vintage aircraft
fitted were operated by Clickair Airlines of Spain.
Two aircraft will remain
in service and one will be parted out by the new owner. Lovells
represented GAFC Leasing and Stephenson Harwood acted for TES
The transaction required early lease terminations because
ClickAir was looking to consolidate its fleet before its merger
with Vueling. "It was...
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