Highlighting a few projects in Aerolease's track record of success dating back to 1986
757-200 Sourcing, Lease Placement, Disposition
Aerolease managed the purchase of MSN 25140 (pictured) and another sister for ship for an eight year onward lease to OpenSkies, a subsidiary of IAG which is now LEVEL. Post-lease, the aircraft was sold to Asia Pacific Airlines after conversion to freighter configuration.
Launch Lessor Customer for the Mitsbushi MRJ90 (later SpaceJet)
In August 2016, Aerolease became the world's first lessor to sign a purchase agreement for Mitsubish Heavy Industry's MITAC MRJ90 including 10 firm orders and 10 options. The MRJ90 was an MHI vision to leverage its manufacturing capabilities to build a next generation, fuel efficient, Japan-built regional aircraft powered by the Pratt & Whitney PW1200G GTF engine. Later on, the MRJ90 was re-engineered and renamed SpaceJet in order to serve as the only option to replace 76 seat regional jets in the US market. Unfortunately, the program hit headwinds with the onset of Covid-19 and was abandoned along with the cancellation of Aerolease's order.
The aircraft pictured is just one of many DC-8s purchased and managed by Aerolease International throughout the 80's and 90's in both passenger and freighter configuration. At the time, this cargo aircraft was on lease to Air Transport International, a predecessor to Air Transport Services Group (ATSG), of which Aerolease was an investor.
757-200 Sale-Leaseback Financing and Asset Management
Aerolease sourced the purchase of MSN 27208 (pictured) and subsequent leaseback to La Compagnie, a premier service provider offering all-business class cabin configurations. The sale-leaseback structure was part of the airline's fleet phase out plan and allowed them additional flexibility in managing the retirement of the 757 fleet as they transitioned to A321neo. The aircraft was creatively financed by Fortress Transportation and Infrastructure (FTAI) and Aerolease managed the asset through redelivery and subsequent disposition to the part-out market.
757-200 Purchase, Conversion, and Lease
Aerolease managed the purchase from Far Eastern Air Transport, conversion by Precision Conversions, and onward long term lease of MSN 29610 (pictured) to DHL to be based in their Aero Expresso operation in Panama.
757-200 Asset Management
Over the course of the 2010s, Aerolease managed on behalf of two institutional clients 36x aircraft and associated PW2000 engines on lease to United Airlines through lease return and investment disposition, which created significant value for the clients.