Aerolease Aviation, a Florida-based lessor with a portfolio of 40 used Boeing 757s, signed a letter of intent (LOI) for 10 Mitsubishi Regional Jets (MRJ) plus 10 options.
Aerolease becomes the first lessor to commit to the MRJ. “We firmly believe that the asset value of the MRJ has now been recognized in the aircraft finance market,” Mitsubishi Aircraft Corp. president Hiromichi Morimoto said Tuesday at the Singapore Airshow.
The 10 MRJ90s are slated to start delivering to Aerolease in 2018. Mitsubishi Aircraft expects the LOI to be turned into a definitive agreement “in the next month or so,” VP and GM-sales and marketing Yugo Fukuhara said.