11th April 2023: Aircraft Leasing & Management ("ALM"), a wholly owned subsidiary of Fuyo General Lease ("Fuyo") announced today the recent addition of a new A320N to its managed portfolio. The aircraft is subject to a lease with existing customer Peach Aviation Limited (“Peach”). ALM managed the technical acceptance and delivery of the aircraft from Airbus on behalf of the lessor.
This is the second Peach A320N equipped with Leap engines to join the ALM managed portfolio and is the first of three to be delivered in 2023 as part of a sale and leaseback transaction concluded between Fuyo and Peach earlier in the year.
ALM manages a growing portfolio of A320 and B737 family aircraft for Fuyo General Lease and its subsidiary companies.