Thursday April 7, 2005
BAE Signs Regional Jet Deal With Lufthansa
April 6, 2005
Britain's BAE Systems said on Wednesday it had signed leases with Lufthansa that will add 11 BAE-built regional jets to the fleets of the German firm's regional airlines.
Eurowings will lease six BAE 146-300s, raising its fleet to 14, with deliveries beginning this month.
Air Dolomiti will lease five of the same model, BAE said in a statement.
Lufthansa Cityline will also sell and lease back three BAE RJ85s.
BAE did not provide financial details.
The deals will make Lufthansa's regional airlines the biggest operators of BAE's 146/Avro RJ aircraft with a fleet of 37, BAE said in a statement.
The company stopped production of the aircraft in 2003.
Cheers,
White Cap