Willis Lease in easyJet deal

Willis Lease Finance has announced the closing of a sale and leaseback transaction on 10 Airbus A319 aircraft with easyJet.

The deal is tailored to support the airline in the fleet management of its existing aircraft as it introduces the latest generation of Airbus A320NEO family aircraft.

Brian. Hole, Willis Lease Finance president (pictured), said: “This deal allows easyJet to leverage our entire platform – leasing, asset management, maintenance services, engine storage and CFM56 engine portfolio – to efficiently and cost-effectively transition existing aircraft.”

Chris Essex, head of fleet strategy and procurement for easyJet, said: “We selected Willis Lease because of their unique ability to create and deliver a comprehensive solution that will significantly lower the risk and cost of transitioning to our fleet of new technology A320NEO aircraft.”