Avianca-TACA and GECAS announce two new transactions involving 16 Airbus

Avianca-TACA and GECAS announced (16-Feb-2011) two new transactions involving 16 Airbus aircraft. GECAS signed a purchase and leaseback transaction for two new A330-200s and four new A320s. The aircraft are part of Avianca-TACA's existing order book with Airbus. Two of the A320s will be operated by TACA, the remainder will be operated by Avianca. Additionally, GECAS has leased 10 A318s to Avianca. [more]