AWAS to Lease Three Airbus A320 Aircraft to Spring Airlines

| DAE Capital

DAE Capital
AWAS and Spring Airlines have today completed lease agreements for three Airbus A320 aircraft. These modern, fuel efficient planes will be delivered in 2018 and are part of a direct order AWAS has with Airbus.

This latest addition to the Spring Airlines A320 family fleet will assist the carrier as it looks to capitalise on China’s increasing domestic and regional demand for leisure and business air travel.

AWAS Chief Executive Officer, David N. Siegel said “We are pleased to place three of our Airbus A320 forward order with this successful Chinese low cost carrier. AWAS has a great, long-term relationship with Spring Airlines and we are excited to play a role in their continued success.”

Mr. Wang Yu, Spring Airlines Chairman, said “This deal helps us develop our 2018 fleet strategy requirements. We look forward to growing the relationship with AWAS, as they have demonstrated over the years an ability to provide flexible solutions for Spring Airlines.”

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About AWAS

AWAS is one of the world’s leading aircraft leasing companies. Our team of experts has been delivering creative and flexible leasing solutions to customers across the globe for over 30 years. Headquartered in Dublin, with offices in New York, Miami, and Singapore, AWAS has 231 owned and managed aircraft placed with over 90 customers in 45 countries.

Twitter: @AWASnews

For further information, please contact:

Alec Elliott
Marketing & Communications Director
+353 87 1879161
alec.elliott@awas.com

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