Air Atlanta Icelandic has purchased six Boeing 747-200s - four from Cathay Pacific Aircraft Trading and two from Mido Aircraft Trading, which it had been operating on lease-purchase agreements. The airline says it was deemed better to arrange loans (totalling $16.67 million) and purchase the aircraft, rather than continue with lease payments. Dart Group, parent of UK cargo airline Channel Express and low-fare carrier Jet2, has acquired six ex-Ansett Australia Boeing 737-300s for delivery this year. The deal was arranged by Focus Aviation. Volare Group of Italy has leased a 10-year-old, CFM International CFM56-5A3-powered Airbus A320 from Ansett Worldwide. The aircraft, formerly leased by Monarch Airlines, will be operated in support of subsidiaries Air Europe and Volare Airlines.

Source: Flight International