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Tue, Sep 16, 2008

AAR To Help United Airlines Sell Its Unwanted 737s

Carrier Doesn't Want Inefficient Planes... But Someone Might

AAR announced this week it has been selected by United Airlines to remarket and provide technical advisory services for United's fleet of wholly-owned Boeing 737 aircraft, which the company has previously announced will be retired from service.

Under the terms of the agreement, AAR will assist United in placing its 737s with operators around the world -- with a focus on operators outside the US -- looking to upgrade or expand their fleets. The aircraft are available immediately.

"We will use AAR's global reach and resources to identify carriers that would benefit from adding high-quality 737s to their fleets in markets where demand is more robust or growing," said John Johnson, Vice President, AAR Aircraft Sales and Leasing. "Over the years, AAR has developed a broad network of customers for this aircraft type through our leasing activities, as well as our supply chain, maintenance and engineering services and support."

As ANN reported, United announced in June it would park its entire fleet of Boeing 737-300 and -500 aircraft, as well as six of its aging 747-400 long-haul widebodies -- a full 15 percent of its former mainline fleet -- in order to cut capacity, and fly those remaining routes with more fuel-efficient aircraft.

No strangers to the aircraft resale market, AAR says it will provide a broad range of technical services for potential purchasers of United's surplus 737s, including aircraft evaluations services and condition analysis.

So, if you've ever wanted your very own 737... now's your chance.

FMI: www.aarcorp.com, www.united.com

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