|Allegiant And ALAFCO Announce Lease Agreement For Thirteen Airbus A320 Aircraft|
"With the opportunistic acquisition of 13 aircraft, this agreement sets us right on pace toward our goal of achieving a single fleet type by 2019," said
The 13 8-year-old Airbus aircraft acquired via this agreement are expected to enter service with Allegiant beginning in the first quarter of 2018, configured with 186 seats and the CFM56-5B engine type. The agreement includes an option to purchase at the end of the lease term.
ALAFCO chief executive officer and vice-chairman Ahmad Alzabin stated, "This agreement marks a milestone achievement for ALAFCO with its inaugural entrance into the North American market, and we are pleased to announce Allegiant as ALAFCO's first customer in
This transaction brings Allegiant to a total of 92 Airbus aircraft either in service or committed for future delivery.
ALAFCO Aviation Lease and Finance Company K.S.C.P., headquartered in
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