AELF Leases 737-800 to FlySafair

Aircraft Engine Lease Finance, Inc (“AELF”) announced it has leased a Boeing 737-800 to South Africa’s FlySafair. The aircraft, MSN 36548, marks the latest addition to FlySafair's fleet, which is comprised heavily of this type.

“We’re thrilled to see this aircraft in operation with FlySafair. My team and I closely oversee every step of the pre-delivery maintenance process and we pride ourselves on delivering the highest quality aircraft to our valued lessees,” said Jim Nazarkewich, Head of Technical Services forAELF.

Recently acquired from Airborne Capital Limited, the aircraft is one of several 737-800s recently acquired and leased by AELF as the company actively expands its new-gen fleet.

“Expanding our presence in the 737-NG market is precisely in line with our strategic objectives,” said Joe Cirillo, Head of Global Marketing for AELF. “We look forward to a broader cooperation with the great group at FlySafair.”

“Structuring the right leasing deals is imperative to maintaining our cost advantage in the markets we contest. We’ve appreciated AELF’s efforts to align with our needs,” said Kirby Gordon, Chief Marketing Officer for FlySafair.

About FlySafair

FlySafair, South Africa’s leading international low-cost carrier, is a trade name for Safair Operations, based in Kempton Park, South Africa. The airline flies to 15 destinations in Sub-Saharan Africa. FlySafair, which uses the slogan For The Love Of Flying, is the most on-time, low-cost airline in the world.

About AELF

AELF is an experienced, US-based commercial aircraft lessor offering customized, flexible capital solutions to airlines, lessors, banks and non-traditional aircraft owners. AELF has been in operation for over a decade and is continually expanding its commercial aircraft and engine portfolio. AELF acquires aircraft in various stages of their existing lease with a broad range of airline and leasing partners, including dormant and stub leased assets for which the company completes the maintenance and re-marketing to return them to service. AELF is an Expedition Partners company. Learn more at www.expeditionpartnersllc.com.

Back to All Press