AerFin brings first E170LR to market

AerFin is negotiating a Letter of Intent (LoI) for the first Embraer E170LR aircraft it is remarketing that were acquired in a 15-jet deal done with Saudi Arabian Airlines (Saudia) last year.

The aircraft, MSN 17000123, completed its full heavy maintenance and transition check on schedule and within budget at the Atitech MRO facility in Naples, Italy and will be positioned with the company’s BeyondPool™ support programme.

The 12-year-old EASA-compliant aircraft will be the first E170LR placed with AerFin’s BeyondPool™ programme, which aims to lower the maintenance cost of EJets for airlines. The aircraft, says the company, is under LoI negotiation and is the first of seven that will be remarketed for sale or lease. The remaining EJets have been or are in the process of being disassembled, the last five in Saudi Arabia, with that work expected to be completed by the end of this year.

The first aircraft has attracted “significant interest from airlines seeking to increase their regional 70- to 80-seat capacity with the competitive advantage of the AerFin programme,” says the company.

The pool programme provides guaranteed flight hour costs and rotable pool programme support, including support for the APS2300 APU and the CF34-8E engines.

AerFin and Atitech co-hosted an event at the latter’s MRO facility to display the first aircraft, and welcomed many of its key strategic partners, suppliers, OEMs and customers who continue to support it in delivering EJet aftermarket services.

“Atitech has provided AerFin with significant flexibility and support during the bridge check to fully meet EASA requirements and we’re very pleased to bring these aircraft to the market,” said Bob James, AerFin’s CEO. “This is one more step toward growing our presence as a lessor and leading EJet aftermarket pool programme provider in offering the E170 in varying configurations from 66- to 76-seat capacity.”

Gianni Lettieri, Atitech’s CEO, added, “We are proud to contribute to the EJet business development of AerFin within aircraft leasing, and with Atitech’s proven experience and knowledge we look forward to seeing AerFin bring a much-needed, high-quality product to the market.”

 

Written by: Mark Thomas

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