UK-based Aircraft Leasing & Management (ALM) has concluded leasing arrangements with Spirit Airlines in the US and Mexican budget carrier Volaris. ALM said it had acquired two Airbus A320neo jets on lease to Volaris and that it had concluded sale and leaseback deals for five more of the aircraft type with Spirit, which expects to take delivery during 2023-24. Discussing the Volaris deal, for which ALM acted as transaction manager for Toky0-listed parent company Fuyo Lease Group, head of marketing Richard Dudley-Cave described the company as “excited to add another Mexican carrier to its portfolio”. “We are looking forward to
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