NAS to lease four A320s from ILFC

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(c) Centre for Asia Pacific Aviation: International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, announced the lease placement of four new Airbus A320-200 aircraft to National Air Services, parent of Saudi Arabian LCC, nas air.

National Air Services, based in Saudi Arabia, will lease four (4) new Airbus 320-200 aircraft from ILFC. The aircraft will be equipped with CFM 56-5B4/3 engines and will deliver in January, February, March and April 2008, respectively. The lease terms are for eight years.

ILFC is the international market leader in the leasing and remarketing of advanced technology commercial jet aircraft to airlines around the world. ILFC owns a portfolio valued at more than USD50 billion, consisting of more than 900 jet aircraft.

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