Airstream Selected By Saudia To Remarket Embraer E-170LR’s
12-May-2016 Saudia, Saudi Arabian Airlines has selected Airstream International Group as its exclusive agent to remarket for sale a number of Embraer E-170LR aircraft.
The aircraft, manufactured between 2005 and 2007, are being phased out of the fleet over the coming months. They have been operated and maintained by Saudia since new.
Airstream's Managing Director, Peter Crutchfield commented "we are delighted to have been selected by Saudia, a highly respected international carrier, to remarket its fleet of Embraer regional jets. Our strong track record, established over many years of successfully selling regional aircraft for clients worldwide, was clearly an important factor in our selection and we look forward to working with Saudia on this exciting project".
Airstream, formed in 1989, has successfully completed transactions involving over 50 Embraer regional jets. It specialises in remarketing regional jet and turboprop aircraft for an international client base that has included airlines, government organisations, lessors, investors and financial institutions