Europe

Genesis acquires one A321-200 aircraft on lease to Privilege Style

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Genesis acquires one A321-200 aircraft on lease to Privilege Style
Dublin-based lessor Genesis has acquired one A321-200 aircraft from trading partner Avolon on lease to Spanish carrier Privilege Style. ""Genesis is delighted to welcome Privilege Style as a new customer, and we look forward to expanding this relationship in the future,"" said Genesis CEO Karl Griffin. ""We believe that in a market with structural constraints that are limiting the supply of aircraft, the A321-200 is well positioned to deliver airlines a long-term advantage on narrow body routes due to superior seat capacity and range."" Privilege Style CEO Javier Ortiz commented: ""It has been a pleasure to work with Avolon over the past few years and to be part of their family of partners. We look forward to working with them again in the future."" Privilege Style specialises in charter and longer-term ACMI contracts for both regional and international airlines.