Genesis Lease Limited has acquired a new Airbus A321 series passenger aircraft, manufactured in July 2009, and contracted it on lease to US Airways. Debt financing for the acquisition was provided through the Company’s $1 billion credit facility. This acquisition now means Genesis has 55 aircraft on lease to 36 airline customers in 21 countries.

Biden FAA leader nominee withdraws after “an onslaught of unfounded Republican attacks”
American President Joe Biden’s nominee for the role of leader of the United States Federal Aviation Administration (FAA), Phillip Washington, has withdrawn his name owing to “an onslaught of unfounded Republican attacks which have focused on his service and experience, CNN reported. Though his announcement for the role was made last year, since then the