Casco Leasing offers ALF502 engines

Former BAe executive Mike Ryan and Casco, the largest holder of BAe 146 spare parts outside BAe, have formed a new company, Casco Leasing, to provide finance and leases of ALF502 engines to BAe 146 operators. Casco Leasing’s current portfolio includes 10 engines, four of which it owns and six owned by US Air. Two have already been placed on lease to Cityjet.

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