Aircraft Leasing & Management (ALM), a wholly owned subsidiary of Fuyo General Lease, has purchased one A220-300 aircraft from Air Lease Corporation (ALC).
The aircraft is currently on lease with Italian flag carrier ITA and is the first A220-300 to join the lessor's portfolio.
Roy Webber, director asset management at ALM, noted that this acquisition enhances the company’s position within the market.
ALM manages a portfolio of A320 and 737 family aircraft for Fuyo and its subsidiary companies.