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4-Traders Homepage  >  Equities  >  Nyse  >  Air Lease Corp    AL

Delayed Quote. Delayed  - 02/09 04:02:01 pm
23.23 USD   -0.64%
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Air Lease : Vanuatu adds new B737NextGen on lease from ALC

02/01/2016 | 02:13pm US/Eastern

Air Vanuatu (NF, Port Vila) has taken delivery of YJ-AV8 (msn 42052) on lease from the Air Lease Corporation (ALC). The B737-800 replaces a similar aircraft of the type - YJ-AV1 (msn 30734) - which was returned to its lessor in November of last year. As an interim measure, a replacement aircraft - PH-HSA (msn 34171) - was leased from Transavia Airlines (HV, Amsterdam).

The new B737-800, which will enter revenue service on February 3, will be used on flights from Port Vila to Auckland Int'l, Brisbane Int'l, Espiritu Santo, and Sydney Kingsford Smith, as well as from Espiritu Santo to Brisbane.

Air Vanuatu currently has a monopoly on flights to Australia and New Zealand after Air New Zealand (NZ, Auckland Int'l), Qantas (QF, Sydney Kingsford Smith), and now Virgin Australia (VA, Brisbane Int'l) elected to suspend their respective services to Vanuatu citing the poor state of Port Vila's runway.

(c) 2016 AIN. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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