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GMT Global buys Orix A320s
20 April 2009
The Dublin-based leasing company has bought four A320s from fellow Irish lessor Orix Aviation.
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GMT Global
Orix Aviation
Indian Airlines
GMT Global Republic Aviation has bought four 1991- and 1992-vintage A320-200s from Orix Aviation.
The aircraft are operated by Indian Airlines, with two years remaining on lease. The purchase brings GMT’s portfolio to sixteen twin-aisle and eight single-aisle aircraft.
Ian Massey, chief financial officer at GMT, said that the company was pleased to be able to close the deal, given the difficult market...
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