RPK Capital repossesses A320 from Saga Airlines

Source: Flightglobal.com
This story is sourced from Flightglobal.com

RPK Capital Management has repossessed an Airbus aircraft from Turkey's charter operator, Saga Airlines.

The aircraft leasing and investment company, which confirm the repsossession, placed the Airbus A320 in the summer of 2012 with the Istanbul-based carrier.

According to Flightglobal's Ascend online database, the A320 was built in 2001 and was previously leased to Thomson Airways.

It was acquired in May 2011 from a special purpose company under a Japanese leveraged lease structure. Orix Aviation arranged the sale to RPK Capital on behalf of the owner.