Aircastle delivers Airbus A330-200 to Aerolíneas Argentinas to support fleet modernization

Aircastle Limited (NYSE: AYR) has delivered one Airbus A330-200 aircraft on long-term lease to Aerolíneas Argentinas, the first of two deliveries, which will support Aerolíneas´ fleet modernization, the company said.

This aircraft is a modern wide-body configured to meet Aerolíneas Argentinas´ long-haul requirements and features the airline´s new cabin interior with lie-flat seats in business class. It will be used to replace older, less fuel-efficient aircraft. A second Airbus A330-200 is scheduled to be delivered in January 2017.

Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of June 30, 2016, Aircastle owned and managed on behalf of its joint ventures 179 aircraft leased to 63 customers located in 35 countries.

Aerolíneas Argentinas flies to 24 international destinations in America and Europe from its bases in Aeroparque Jorge Newbery and Ezeiza International Airport in Buenos Aires.