MCAP to lease five new A320-200 to Jetstar Japan

MC Aviation Partners Inc. (“MCAP”) announced the Purchase and Leaseback of five new Airbus A320-200 aircraft to Jetstar Japan Co., Ltd. (“Jetstar Japan”), a low fares airline that has commenced flying domestically within Japan on July 3rd, 2012, with international flights expected to follow. The five A320 will be delivered in 2013 and 2014.

MCAP CEO, Hiroshi Nakanishi commented, “We are pleased to announce this transaction with Jetstar Japan. We are very excited and proud to be part of history in the making in the skies of our home country.”

Mitsubishi Corporation, the shareholder of MCAP, has a 16.7% equity stake in Jetstar Japan.