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Aircraft have been purchased from Cyprus Airways

06-Jul-2009
Aircraft have been purchased from Cyprus Airways
Cabot Aviation is pleased to announce that it has arranged the purchase of two A320-200 aircraft on behalf of TCS Investment Holding Company in the USA. These aircraft have been purchased from Cyprus Airways. The aircraft are serial numbers 037 and 038 and they were purchased by TCS on 30-Jun-2009. This is a follow on deal from earlier this year when serial number 035 was acquired from Cyprus Airways.

 

On closing of the sale both aircraft were immediately leased back to Cyprus Airways with lease terms until end of October 2009.

All three aircraft have been owned and operated by Cyprus Airways since new. MSN 035 was manufactured in 1988 and 037 and 038 in 1989 and all are equipped with V2500-A1 engines.

"We are delighted to have arranged this transaction and also been able to assist Cyprus with its fleet planning requirements by arranging for them to lease back the aircraft for their peak summer season." - Tony Whitty


(c) Centre for Asia Pacific Aviation. Date posted: 06-Jul-09