The low-cost airline Easyjet organized a further 398,6 million US dollars through sale-and-leaseback deals for nine commercial aircraft. These were sold to two lessors and leased back.
Four A320 series aircraft have been sold to Wilmington Trust. Five more went to a subsidiary of ICBC Financial Leasing. According to Easyjet, the term of the leasing contracts is between 116 and 117 months. Annually, these generate additional costs of 15 million pounds sterling. When the transaction is complete, the carrier will still be able to own 152 unloaded machines.