Orix Aviation has continued its fleet expansion through the first quarter of 2013 using only equity. This included the purchase of a 2013 vintage A320-200 (MSN 5477) and its delivery to Avianca (Columbia). The A320-200 is the first Sharklet equipped A320 to be delivered to a Latin American carrier. This is the second aircraft ORIX Aviation has on lease to Avianca after the purchase and delivery to the airline of a 2012 vintage A320-200 (MSN 5360) in November 2012.   A 2000 vintage A320-200 (MSN 1196) was acquired in March 2013, this aircraft is currently on lease to US

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