Farnborough: RBS Aviation Capital confirms orders for 43 B737s and 52 A320s
RBS Aviation Capital confirmed (21-Jul-2010) orders for 95 Airbus and Boeing narrowbodies. The orders are for 52 A320-family aircraft and 43 B737NGs and were placed in late 2008. Aircraft deliveries commenced in early Jul-2010 with B737NG aircraft and will continue through to 2015. All 2010 deliveries have already been placed with customers. A320 deliveries will commence from 2011, with V2500 or CFM56 engines, depending on customer preference. [more - Boeing]
RBS Aviation Capital CEO, Peter Barrett, commented that the company "always buy when we think there is demand and sell when we see no demand from investors" (Reuters, 21-Jul-2010). He added: "It reflects the underlying long-term trend that there is demand for leased airplanes, particularly for the narrowbody workhorses of the industry."