Volaris (Y4, México City International) and Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) have both entered into separate sale-lease back agreements with lessor Hong Kong Aviation Capital (HKAC) in deals valued at almost USD1billion. In a statement, HKAC said the Mexican LCC's agreement entailed seven A320-200s valued at USD700million while the Brazilian carrier's agreement amounted to four E195s valued at USD200million.
Separately, Azul also signed another sale-lease back agreement with Dubai-based lessor, DAE Capital, for one ATR72-600.
Though headquartered in Hong Kong, HKAC maintains offices in Sydney, London and Dublin. It specialises in aircraft leasing and financing, aircraft asset management and financial advisory services.
