IBA places one757-200 with National Airlines of Michigan.

Victoria
By Victoria April 18, 2012 15:27

IBA places one757-200 with National Airlines of Michigan.

On behalf of Israel-based client, Global Knafaim Leasing limited, IBA has successfully placed on lease one 757-200 passenger aircraft to National Airlines of Michigan.

Built in 1990, the aircraft’s serial number is 24543 and it has Rolls-Royce RB211-535E4 engines. IBA were exclusively mandated to manage the remarketing of the aircraft by Global Knafaim Leasing Limited in December 2011. The new lessee, National Airlines of Michigan, USA, will operate the aircraft as part of their existing passenger charter operation.

This placement further strengthens the long-running relationship between IBA and Global Knafaim Leasing.

Adrian M Lee, Head of Aircraft Transaction Management at IBA, says: “We are pleased to have completed this new transaction. It sees the aircraft placed on a well-structured lease with an established operator. The performance of the remarketing and asset management team, and our track record with other similar remarketing mandates, shows that IBA are well placed to secure a successful outcome for all parties involved and complete projects of this nature in efficient turnaround times.”

Victoria
By Victoria April 18, 2012 15:27
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