Industry

Published on February 17th, 2021 | by Alan Dwyer

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ORIX Aviation Signs Service Agreement for Package of 14 Aircraft

Dublin based ORIX Aviation have been appointed as the exclusive remarketing agent for a package of fourteen aircraft. All fourteen aircraft currently leased to Norwegian Air Shuttle. There is twelve Boeing 737 MAX-8 with LEAP 1B engines and two Boeing 787-9 Dreamliner’s with Trent 1000 engines.

ORIX Aviation CEO James Meyler

Speaking about the aircraft becoming available for lease, ORIX Aviation’s CEO James Meyler said, “We are very excited to be able to offer these aircraft to the market. We look forward to showcasing ORIX Aviation’s best-in-class remarketing and asset management services with the added benefit of providing an excellent opportunity to our customers to secure these aircraft through lease or sale. These fourteen B737 MAX 8 and B787-9 aircraft will present attractive options for our airline customers and trading partners that are seeking to immediately access two of the most fuel efficient and desirable narrowbody and widebody aircraft types available.”

The aircraft will all be available imminently as Norwegian have previously noted that they will no longer be operating the Boeing 787’s on long haul services and reducing their short haul fleet of Boeing 737’s by half. ORIX Aviation currently has a portfolio of 220 aircraft operating with 53 airlines across 33 countries.

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