Lessor Aerolease Aviation firms order for up to 20 MRJs – ATWOnline


Miami-headquartered lessor Aerolease Aviation has finalized its order for 10 Mitsubishi MRJs and 10 options, firming a letter of intent signed at the 2016 Singapore Airshow.

The two companies signed a definitive purchase agreement on Aug. 31, paving the way for the first delivery to Aerolease in 2018. 

Privately owned Aerolease Aviation was founded in 1986. It primarily deals in used aircraft and has a portfolio of over 40 owned or managed Boeing 757s.

Aerolease is the first lessor to ink a firm order for the MRJ, taking the aircraft program to 233 firm orders, 170 options and 24 purchase rights. A further 10 firm aircraft and 10 options will be added to the backlog when Mitsubishi finalizes its tentative agreement with Swedish lessor Rockton Aviation.

“The MRJ has an unmatched fuel efficiency, passenger comfort and environmental performance, which will provide new values of the regional jet to the market and customers. Aerolease is committed to cooperate with Mitsubishi Aircraft as an MRJ partner to expand its global customer base and to help enhance the asset value of the MRJ,” said Aerolease Aviation partner Jep Thornton.

Mitsubishi has recently experienced some technical problems with the MRJ’s air management system, forcing it to abort a positioning flight to the US where four of its aircraft are due to perform the majority of their test flying. The program is already heavily delayed.

Victoria Moores victoria.moores@penton.com

 

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