White Stag Aircraft Leasing announced the placement of one Airbus A-320 aircraft, with a second delivery scheduled during fourth quarter 2014. Both units shall operate long term lease contracts in agreement with the same domestic operator.

“With orders for new aircraft at increased demand, coupled with manufacturer production and backlogs, many operators are seeking aircraft from other more immediate sources. The resurgence in the secondary market, has provided an equal race for pedigree aircraft. Well maintained aircraft are spoken for as soon as they are readied for re-delivery.

According to White Stag management, “Prices are steadily increasing, and time on the market abbreviated, the lack of supply to meet demand has all but eliminated price negotiations, and unrealistic offers.”

Dublin, IR-based White Stage Aircraft Leasing (Ire) limited was set up about one-year ago and is being run by Paul Morrison and Caroline Staunton.