Air Malta

Description:

Currently Air Malta has a fleet of 13 aircraft. These include 4 Airbus A320, 3 Airbus A319, 6 Boeing 737-300. Recently Air Malta concluded a multi-million dollar agreement which involves International Lease Finance Corporation, Airbus Industrie and CFM International for the renewal of its fleet over a four-and-a-half-year period. Two major elements of the deal involve the sale and lease back from ILFC, a major American aircraft lessor, of Air Malta’s own two A320-200s and three B737-300s, and the lease of twelve new aircraft for a term of twelve years each, which will be of the A320 family. They will be powered by CFM engines.