Flybe signs new leasing agreement

Flybe has entered into agreement with Avation PLC, a specialist commercial passenger aircraft leasing company, to lease four new ATR72-600 turboprop aircraft which will be used on its white label operations for Scandinavian carrier SAS.

Flybe announced on 26 November 2014 that it had entered into a white label agreement with SAS, with operations due to commence in October 2015.

The ATR72-600 leases are for an initial period of six years with extension rights thereafter. They will be delivered between September 2015 and February 2016 – and will be introduced into service shortly afterwards.

The aircraft will operate under Flybe's Airline Operating Certificate (AOC), will be used on short-haul SAS services in Europe and are being provided with full flight and cabin crew as well as maintenance.

Saad Hammad, Flybe’s Chief Executive Officer, (pictured) said: “We are delighted to have secured new ATR72- 600 turboprop aircraft from Avation plc – they have provided us with the aircraft that SAS require matched to the timeline for our new services. Flybe is delivering SAS a regional capacity solution for their short haul flights and we look forward to starting our operations in Scandinavia later this year.”