Jetscape announces the acquisition of three (3) new Embraer E175 aircraft delivered on lease to Alitalia, Rome, Italy in June, 2012. Each aircraft has been leased to Alitalia for twelve-years and will be operated by Alitalia's regional subsidiary Alitalia CityLiner.
Financing was provided to Jetscape by the Brazilian Export Credit Bank, BNDES, under Jetscape's existing debt facility with them.
"Following its re-launch in 2009, we have been impressed with Alitalia's resolve to revitalize its brand and to restore the company's long-term sustainability as Italy's flag carrier" says John Evans, Jetscape's Chairman and CEO. "Despite ongoing economic challenges in Italy and throughout Europe, Alitalia's revival is in line with its plan, including the replacement of its fleet with new aircraft. We are pleased to participate in Alitalia's fleet renewal, which by the end of 2013 will give it among the youngest commercial aircraft fleets in Europe. We appreciate Alitalia's trust, Embraer's confidence and BNDES's support in helping to successfully complete this transaction."
Alitalia is the flag carrier of Italy. Established in 1946, today's Alitalia is 75% owned by Compagnia Aerea Italiana ("CAI") the group of investors who initiated the restructuring efforts of Alitalia in 2009 and 25% is owned by the Air France-KLM group. With its main hub at the Leonardo da Vinci-Fiumicino Airport outside Rome, Alitalia's serves over 70 domestic and international routes. International flights serve mainly destinations within Europe but also, Africa, Asia Pacific, the Americas and Middle East. Alitalia currently operate 146 jet and turboprop aircraft.
Jetscape was founded in 2000 and engages in commercial aircraft leasing, management, remarketing and advisory services - providing innovative, custom-tailored solutions to commercial aircraft owners and operators worldwide. Jetscape currently owns and manages 49 aircraft and 4 engines to 24 airline operators in 15 countries.
John Evans - Chairman and CEO (jevans(at)jetscape(dot)aero) +1-954-763-4737
Mario Schuler - Executive Director (mschuler(at)jetscape(dot)aero) +356-213-13250
Read the full story at http://www.prweb.com/releases/2012/7/prweb9675812.htm
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