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Cabot Aviation seeking subleases for Flybe E195s

Cabot Aviation has been appointed to remarket several Embraer 195LR aircraft on behalf of Flybe.

Flybe has a fleet of 14 E195LRs on operating lease from several lessors and Cabot has been mandated to find sub-leases for five of these. The airline took delivery of its E195LR fleet in 2007 and 2008 and operates them in 118 economy seat configuration. CEO Saad Hammad announced in February that the carrier would be grounding 10 E195s at the end of March with the other four being withdrawn at the end of the summer season.

In addition to the E195s, Flybe’s fleet also has 43 Bombardier Q400s and 11 Embraer 175s.

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