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 Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.14.24

Airborne-Unlimited-05.15.24 Airborne-AffordableFlyers-05.16.24

Airborne-Unlimited-05.17.24

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

ANN's Daily Aero-Term (05.16.24): Instrument Runway

Instrument Runway A runway equipped with electronic and visual navigation aids for which a precision or nonprecision approach procedure having straight-in landing minimums has been>[...]

ANN's Daily Aero-Linx (05.16.24)

Aero Linx: Alaska Airmen's Association The Alaska Airmen's Association includes over 2,000 members—we are one of the largest General Aviation communities in the country. We s>[...]

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

Also: Flt School Security, G600 Steep-Approach, Honduran Aid, PW545D Cert Two aircraft performing at the Fort Lauderdale Air Show clipped wings during a routine last Sunday, spooki>[...]

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

Airborne Affordable Flyers 05.16.24: PRA Runway, Wag-Aero Sold, Young Eagles

Also: Paramotor Champ's, Electric Ultralight, ICON BK Update, Burt Rutan at Oshkosh! The Popular Rotorcraft Association is reaching out for help in rebuilding their private runway >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC