American Eagle Sells Off 39 ATR 72s To Danish Companies | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 08.20.14 ** HD iPad-Friendly -- Airborne 08.20.14 **
** Airborne 08.18.14 ** HD iPad-Friendly -- Airborne 08.18.14 **
** Airborne 08.15.14 ** HD iPad-Friendly -- Airborne 08.15.14 **

Thu, Dec 04, 2008

American Eagle Sells Off 39 ATR 72s To Danish Companies

Regional Carrier Will Continue Operating Planes On Leaseback

Nordic Aviation Capital A/S and KIRK Kapital A/S announced Tuesday an agreement for a sale and leaseback transaction with AMR Leasing Corporation for 39 ATR 72 aircraft operated by Executive Airlines, which does business as American Airlines' regional subsidiary American Eagle.

AMR Leasing Corporation will sell the 39 ATR 72 aircraft to an entity that will lease the aircraft to NK Aviation Limited, Ireland, a newly formed joint venture between NAC and Kirk Kapital A/S. Executive Airlines will lease the aircraft back through a sublease structure and will continue to be the operator of the aircraft. NAC will be the servicer for the aircraft.

The deal is worth approximately $200 million in immediate cash for American, reports The Associated Press.

Nordic Aviation Capital's current fleet of nearly 80 aircraft includes, Boeing 737, MD83, CRJ200, ATR 42, Bombardier Dash 8 and Fokker 50 and Saab 2000 aircraft. Our customers include US Airways, SAS, TACA, Wideroe, Cimber Air and Air Baltic.

FMI: www.aa.com

Advertisement

More News

Airborne 08.18.14: FAA v UAVs-Again, KidVenture14!, ARSA Sez FAA Over-Reaching

Also: AquaPacer!, ProAdvantage, S Korea's Astro Shortage, More Aero-Diesel Growth Expected What seems like a good idea for real estate brokers and property buyers is not going to b>[...]

Aero-TV: The CubCrafters Attitude – Finding Solutions While Others Find Problems

CubCrafters Is Growing... And In A 'Down' Industry -- Find Out How While at EAA AirVenture 2014, ANN’s Michael Maya Charles stopped to talk with John Whitish, the Marketing M>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-16-07 PRODUCT: Certain Bombardier, Inc. Model DHC-8-400, -401, and -402 airplanes.>[...]

AD: The Boeing Company Airplanes

AD NUMBER: 2014-16-14 PRODUCT: Certain The Boeing Company Model 737-600, -700, -700C, -800, and -900 series airplanes.>[...]

ANN's Daily Aero-Linx (08.20.14)

Fearless Aeronca Aviators A webpage dedicated to those intrepid pilots who fly or are intrigued by Aeronca Champs, Chiefs, Sedans and similar aircraft.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC