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Easyjet returns to sale and leasebacks with 25-unit RFP

The carrier has not issued a sale and leaseback RFP since 2012

Easyjet issued a request for proposals (RFP) on 31 May for sale and leaseback financing covering 25 Airbus A319 aircraft, sources indicate.

The airline has not issued an RFP for sale and leaseback financing since 2012.

Sources say the sale the leaseback bids on the narrowbody fleet are due 24 June.

Easyjet’s group treasurer, Mike Hirst, told Airfinance Journal in an interview in May that the carrier plans to complete sale and leaseback financing on roughly 10 mid-life Airbus A319s per annum, during the next five years.

Hirst indicated the idea was to “to lease them [the A319s] out between three and five years” and if the carrier chooses to do so, “exit the aircraft at year 16.”

Easyjet was unavailable for comment at the time of press. 

Additional reporting by

This content is provided by Euromoney Seminars for informational purposes only, and it reflects the market and industry conditions and presenter’s opinions and affiliations available at the time of the presentation.