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21-Sep-2016 8:51 AM

SATA International places order with Air Lease Corporation for six A321neo aircraft

SATA international and Air Lease Corporations announced (20-Sep-2016) a lease agreement for six A321neo aircraft, including four A321LR, with delivery from 4Q2017 to 2021. First delivery of the A321LR, under this agreement, will occur in 2019. The new aircraft will replace SATA’s A310 fleet and will be used on US-Portugal routes, including Boston, Oakland, Providence, Toronto, and Montreal. SATA Air Acores CEO Paolo Menezes stated: "We are very pleased with this historic aircraft renewal project and the commitment to lease six new A321neos with ALC, who has a long-term business relationship with SATA." Adding: "These aircraft are ideal new jets for our airline and ALC provided outstanding creativity, economics and strategic advantages in this important transaction." [more - original PR] [more - original PR - II]

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