Posted on: 13 June 2018 by Mark Thomas
Vallair has completed lease transactions for three Airbus A321 aircraft with Turkey’s Onur Air, with the first delivered to the carrier in May on a lease term of 18 months.
The first aircraft (MSN 974) was purchased from AerCap together with its engines, while the second (MSN 968), also bought from the same lessor, is being leased as an airframe only and was delivered to Onur earlier this month.
The third aircraft (MSN 835), purchased from Aviation Capital Group (ACG), has also been leased to the carrier as an airframe only and is part of an acquisition release novation contract completed in April with a short-term lease of six months. Onur Air also has a V2500-A5 engine under lease with Vallair.
The Turkish private carrier operates a combination of commercial and charter flights to a range of domestic and international destinations, scheduled and non-scheduled, out of its main domestic hubs Atatürk Airport in Istanbul and Antalya Airport in Antalya. It operates a fleet of 27 Airbus family aircraft, including A320s, A321s and A330s. It also provides wet-lease service to Saudi Arabian Airways for Hajj and Umrah operations with its A330s.
Luxembourgh-headquartered Vallair, an aircraft trading, leasing and specialist MRO organisation, says MSN 974 will serve as part of its feedstock for the airline’s developing A321-200 P2F cargo conversion programme.