Boullioun Aviation Services Delivers A320 to Wind Jet

Boullioun Aviation Services Inc. has delivered a 1991-vintage A320 aircraft on a medium-term lease to Wind Jet, Italy's newest low-cost airline. The aircraft, with IAE V2500-A1 engines, was delivered on December 12, 2003, bringing Wind Jet's fleet to four A320 aircraft. Wind Jet is based in Sicily and provides services from Catania to domestic destinations such as Bologna, Rome, and Milan.

Key Takeaways:

• Boullioun Aviation Services Inc. delivered a 1991-vintage A320 aircraft to Wind Jet, Italy's newest low-cost airline, on December 12, 2003.
• The aircraft brought Wind Jet's fleet to four A320 aircraft, expanding their services to major cities throughout Italy and developing their charter business.
• Wind Jet Managing Director Stefano Rantuccio stated that the A320 offers the correct mix of passenger capacity, efficiency, and range to make their business successful.
• Boullioun Aviation President and CEO Robert J. Genise expressed gratitude for the opportunity to work with Wind Jet and predicted that the low-cost sector will continue to grow.
• Boullioun Aviation Services has placed 175 aircraft on lease with 71 airlines since 1995, concluding sale and leaseback transactions involving 57 aircraft and selling 52 aircraft to airlines and investors.
• The company has 123 owned or managed aircraft with a total market value of over US$3.6 billion and 26 aircraft on firm order valued at over US$1.8 billion.

Statistics:

• 175 aircraft placed on lease with 71 airlines since 1995.
• 57 aircraft involved in sale and leaseback transactions.
• 52 aircraft sold to airlines and investors.
• 123 owned or managed aircraft with a total market value of over US$3.6 billion.
• 26 aircraft on firm order valued at over US$1.8 billion.
• 267 billion Euros in assets for WestLB, Boullioun Aviation Services' owner.

Sources:

• PRNewswire, January 14
• Boullioun Aviation Services Inc. (www.boullioun.com)
• Wind Jet (www.windjet.it)
• WestLB (www.westlb.com)