newstodate.aero
MAY 25, 2005 (newstodate): SN Brussels Airlines has negotiated a sale-lease back contract with BAe comprising 23 of its 26 Avro RJ85/100 jetliners.
The deal will see BAE Systems Regional Aircraft acquire the aircraft in stages over the next five years with long-term leases back to SN Brussels Airlines.
-A number of large airlines have taken the view that new regional jets offer only marginal improvement over modern used regional jets - and in some cases less operational capability - but entail significant risk in terms of financial exposure and commitment period - this at a time of considerable market uncertainty, especially in the regional sector with the ferocious competition from the low-cost carriers, says BAe on its website.
The deal will see BAE Systems Regional Aircraft acquire the aircraft in stages over the next five years with long-term leases back to SN Brussels Airlines.
-A number of large airlines have taken the view that new regional jets offer only marginal improvement over modern used regional jets - and in some cases less operational capability - but entail significant risk in terms of financial exposure and commitment period - this at a time of considerable market uncertainty, especially in the regional sector with the ferocious competition from the low-cost carriers, says BAe on its website.