Air Partner agrees re-marketing deal with Saudi Arabian Airlines

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Sharecast News | 25 Jul, 2017

Updated : 13:45

The aircraft re-marketing division of Air Partner, has been appointed by Saudi Arabian Airlines (Saudia) as its exclusive re-marketing agent to its fleet of 15 Boeing aircraft.

Saudia has begun to revitalise its fleet, including phasing out its fleet of 15 Boeing 777-200ER models, which were delivered from 1997 onwards, to make room for higher-density aircraft.

Mark Briffa, chief executive officer of Air Partner, said "We are delighted to have secured this mandate with Saudi Arabian Airlines and look forward to using Air Partner's extensive experience and international network of contacts to sell these aircraft."

Air Partner divisional managing director of re-marketing, Tony Whitty also commented, "This appointment follows a successful period for our re-marketing services, during which we have also completed the sale of two B737-700s and a new GE90 engine on behalf of Kenya Airways and two B747-400s for China Airlines."

As of BST 1310 shares in Air Partner were holding steady, down just 0.61% to 121.75p

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