AWAS to sell 13-aircraft portfolio

This story is sourced from Pro
See more Pro news »

Operating lessor AWAS is in the market for the sale of 13 mid-life aircraft, sources indicate.

The aircraft, which comprise six widebodies and seven narrowbodies, have leases attached to European, Middle Eastern, and North and South American carriers.

Two 2002-vintage Boeing 737-700s are leased to Southwest Airlines, while three 737-300s, built between 1990 and 1993, are operated by Surinam Airways, Small Planet Airlines and Bolivian Aviation, the source says.

One 2000-vintage A320 leased to TAME and one A319, built in 2003 and on lease to Helvetic Airways, complete the narrowbody portion of the portfolio.

The remaining six aircraft are Boeing 767-300ERs on lease to Air Canada, Blue Panorama, El Al and Nordwind Airlines. Two were built in 1994, one in 2001, one in 2000, and two in 2003.

AWAS is planning to shortlist parties by mid-June, with a view to executing the term sheet by the end of the month.

The lessor was not available for comment.