Cyprus Airways' new Greek low-cost airline Hellas Jet has agreed to lease three A320s from CIT Aerospace. The airline is due to launch services in April (Flight International, 2-8 July). Vietnam Airlines has signed a firm contract with Airbus to acquire five A321s as part of its long-term fleet expansion plan. The A321s are scheduled for delivery between 2003 and 2005. Lion Airlines has leased two ex-Aeromexico Boeing MD-82s from CIT Aerospace. Air New Zealand subsidiary Mount Cook Airline is to take delivery of an additional ATR 72-500 in January, bringing its fleet to 10. Khalifa Airways of Algeria is leasing two ex- British Airways Boeing 777-200s from Boeing Aircraft Trading. The General Electric GE90-powered aircraft will be delivered by the end of the year on five-year leases.
Source: Flight International
