Used turboprop aircraft transactions: 21-28 July 2014

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Flybe Group acquires five Q400s

UK-based regional operator Flybe Group has acquired five Bombardier Q400 turboprops from existing lessors for its London City operation, which is set to start in October.

Three aircraft (MSNs 4085, 4087, 4088) were acquired from Barclays Bank, another one (4089) from Alliance & Leicester (now Santander) while the remaining unit (4090) was bought from Halifax Bank of Scotland (now Lloyds Banking Group).

All aircraft were delivered new to Flybe in 2004 and have been in operations at the Exeter-based carrier since.

Air Urga purchased a Saab 340B (360) aircraft with PW125 engines from Spitfire Investments in a transaction arranged by Skyworld Aviation. The 1994-vintage aircraft was placed by Spitfire Investments under a lease agreement last year.

Avmax Aircraft Leasing agreed to purchase a Bombardier 8-300 (0405) aircraft with PW123 engines from Hwa-Hsia Leasing. The 1995-vintage aircraft was operated by Uni Air since new.

Chalair Aviation leased an ATR 42-320 (0333) aircraft with PW121 engines from Abric Leasing. The 1992-vintage aircraft was previously operated by Air India Regional.

Maldivian leased a Bombardier Q300 (0557) aircraft with PW123E engines from CLAST 2014-1 ABS portfolio. The 2000-vintage aircraft was previously operated by Carribean Airways.

MayAir purchased a Fokker 50 (20194) aircraft with PW125B engines from Largus Aviation in a transaction arranged by Skyworld Aviation. The 1990-vintage aircraft was previously operated by Amapola Flyg.