AerFin continues its acquisition drive with the purchase of an Airbus A319-111 aircraft, equipped with two CFM56-5B/3 Tech Insertion engines from Banc of America Leasing Ireland (BALI).

The purchase marks the 20th Airbus A320 family aircraft acquired by AerFin since 2015. The aircraft, which will be parted-out for spares, further enhances AerFin’s extensive stock of Airbus A318, A319, A320 and A321 material, to support new and existing customer programs.

Auvinash Narayen, SVP Commercial and Asset Management, commented: “With the appetite growing from the narrow-body traffic sector and demand for USM increasing in tandem, we are continuing to feed our inventory holding with high-quality assets, allowing us to deliver affordable and reliable component support solutions to Airbus operators globally”.