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Published on July 14th, 2022 | by Alan Dwyer

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Griffin Announce the Purchase and Leaseback of A320neo’s with Viva

Griffin Global Asset Management has announced the purchase and leaseback of three Airbus A320-200neo aircraft with Viva, an innovative low-cost carrier in Latin America. The three aircraft are scheduled to deliver in the first half of 2023. The airline is part of the Irelandia Aviation investment fund. Irelandia is a leading low-cost airline developer, led by Declan Ryan. The airline commenced operations in 2012 and operates a fleet of over 20 Airbus A320 aircraft to 26 destinations across North, Central and South America.

Commenting on the deal, the Senior Vice President of Marketing at Griffin, Eric Hild said, “Griffin is very pleased to partner with Viva to provide these three new A320neo aircraft, which have leading fuel economy and range, allowing Viva customers to fly further and discover exciting new destinations throughout the Americas.”

Also commenting was the Viva Air Group Fleet Director, Juan Manuel Rosas. who said, “As we continue to grow our international operations and low-fare network, we are excited to guarantee the arrival of three brand-new NEO aircraft that will play a key role in our expansion throughout the region. As Colombia’s first Ultra low-cost airline, we want to lead the air travel experience in Latin America by innovating quickly while keeping costs low for our customers. We are confident that a young fleet and its important savings in fuel consumption are essential to accomplish this goal.”

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