Air Nostrum will halt its growth plans in 2013 to focus on phasing out its Bombardier CRJ200 fleet.
The independent Spanish carrier, which operates as a franchise for Iberia, has been hard hit by the economic crisis in Spain. It is looking to further withdraw seven CRJ200s this year, according to a source at the airline.
Currently its 50-seat CRJ fleet stands at 30 units, though five of them are operated under sub-lease and wet-lease contracts.
The Valencia-based carrier is actively looking for further dry or wet lease opportunities to operate its aircraft in cooperation with, or on behalf of, other carriers, in addition to its Iberia Regional franchise operation.
Air Nostrum plans to phase out its entire CRJ200 fleet within the next two years. The carrier has committed to 35 100-seat CRJ1000s, which will serve as a replacement.
The carrier's CRJ1000 fleet stands at 10 units and Air Nostrum plans to receive three more aircraft of the type in the final quarter of this year.
Last year, Air Nostrum phased out its ATR 72-500 fleet as the carrier started to take delivery of the new ATR 72-600 model. No turboprop deliveries are planned this year, but in 2014 Air Nostrum will take the remaining five ATR 72-600s it has on backlog.
Earlier this month, Air Nostrum's management reached an agreement with handling, mechanics and cabin crew staff to reduce salaries by 18%. The restructuring plan aims to avoid any layoffs.