Includes A319-100 Aircraft Manufactured in 2005 And 2006

Aircastle Limited and easyJet plc have completed a purchase and leaseback program for ten Airbus A319-100 aircraft.  The aircraft, which were manufactured in 2005 and 2006, feature easyJet's distinctive dual over-wing door exit configuration, which enables higher density seating.

Ron Wainshal, Aircastle's CEO, stated, "We're excited to complete our first transaction with easyJet, one of the world's top airlines and one of the few with investment grade credit ratings.  These aircraft, which are a core part of easyJet's current fleet, have a unique and economical lay-out, and we expect they will find good demand once the current leases expire in a few years."

Andrew Findlay, easyJet CFO, commented, "Having announced in May our intention to initiate a rolling sale and leaseback programme to facilitate our long term exit strategy of our A319 fleet, we are very pleased to announce this transaction with Aircastle."

Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of September 30, 2016, Aircastle owned and managed on behalf of its joint ventures 186 aircraft leased to 65 customers located in 35 countries.

(Source: Aircastle news release)

FMI: www.aircastle.com