31st July 2023: Aircraft Leasing & Management (“ALM”), a wholly owned subsidiary of Fuyo General Lease (“Fuyo”) has arranged the lease of a Boeing 737-800NG aircraft to Regional Express ("Rex").
The aircraft bearing registration VH-8KH (MSN 44217), was previously operated by Singapore Airlines, and was transitioned to Rex in Singapore directly from the previous lessee.
Harry Kemp, VP Marketing at ALM said: We are delighted to place this B737-800NG aircraft on lease to Rex, and to welcome them to ALM’s growing portfolio. Rex will be the first Australian lessee of Fuyo/ALM and highlights ALM’s ongoing ability to successfully market and manage the transition of used aircraft.
ALM acted as transaction arranger and will be servicer for the duration of the Rex lease.
About Fuyo General Lease and ALM: Fuyo General Lease is a Japanese company listed on the Tokyo Stock Exchange, focusing on providing leasing and financing solutions for clients. ALM manages a growing portfolio of A320 and B737 family aircraft for Fuyo and its subsidiary companies.