newstodate.aero
May 6, 2015 (newstodate): Estonian Air has entrusted Skyworld Aviation with the task of finding an investor/leasing company to take in the aircraft through a tender process now opened.
Skyworld Aviation invites interested parties to request the detailed tender documents until May 15, and after signing a non-disclosure agreement they will have till May 30 to deliver the bids after which a winner will be announced - provided a qualified bidder has indeed showed up.
The first Estonian Air CRJ900 was introduced in commercial service on January 27, 2011, the second aircraft was added in February 2011, and the last of the aircraft ordered was delivered in December 2011.
The carrier, however, decided to dispose of the Bombardier aircraft in favor of Embraer, and in August 2012 the UK-based aircraft finance, procurement, re-marketing and fleet asset protection company Skytech-AIC was contracted to manage the sale of the aircraft.
As this proved unsuccessful, Estonian Air has since tried other venues to retrieve boost revenues from the aircraft through charter and lease operations before now deciding on the sale-lease back model.
Estonian Air owns the three Bombardier CRJ900 aircraft in the fleet, while the four Embraer E-170 aircraft have been leased from Finnair on a contract expiring by late 2015.
Skyworld Aviation invites interested parties to request the detailed tender documents until May 15, and after signing a non-disclosure agreement they will have till May 30 to deliver the bids after which a winner will be announced - provided a qualified bidder has indeed showed up.
The first Estonian Air CRJ900 was introduced in commercial service on January 27, 2011, the second aircraft was added in February 2011, and the last of the aircraft ordered was delivered in December 2011.
The carrier, however, decided to dispose of the Bombardier aircraft in favor of Embraer, and in August 2012 the UK-based aircraft finance, procurement, re-marketing and fleet asset protection company Skytech-AIC was contracted to manage the sale of the aircraft.
As this proved unsuccessful, Estonian Air has since tried other venues to retrieve boost revenues from the aircraft through charter and lease operations before now deciding on the sale-lease back model.
Estonian Air owns the three Bombardier CRJ900 aircraft in the fleet, while the four Embraer E-170 aircraft have been leased from Finnair on a contract expiring by late 2015.