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Sama considering leasing up to five new aircraft in 2009

24-Dec-2008

Sama reportedly plans to lease up to five new aircraft in 2009, expanding its fleet of 11 aircraft (comprised of ten B737s and one Jetstream 41). However, the carrier plans to wait for further lease rate reductions in 2009 before finalising the agreement. Further aircraft acquisitions are also likely to follow “in the coming years”. [669 words]

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Subheadings:

  • CEO change as Sama faces considerable pressures in the current operating environment
  • Contracted to carry more than 30,000 pilgrims; to generate incremental revenue of approximately USD30 million
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