Exchange Income Corporation Announces Regional One CRJ700 Fleet Purchase with Lufthansa CityLine

WINNIPEG, Oct. 21, 2014 /CNW/ – Exchange Income Corporation (TSX: EIF), a diversified, acquisition-oriented company focused on opportunities in three sectors (aviation services and equipment, metal manufacturing, and infrastructure services), announced that its subsidiary, Regional One, Inc. has entered into an agreement to acquire, over a twelve to fifteen month period, twelve (12) Bombardier CRJ700 aircraft equipped with CF34-8C5B1 engines from Lufthansa CityLine. Regional One will maximize the value of this transaction by redeploying the acquired assets into the market. The aircraft will be used in a variety of revenue streams which include aircraft sale, aircraft lease, engine sale/lease, component sale and exchange agreements. This acquisition further expands and complements Regional One’s already extensive experience and support capabilities for Bombardier aircraft.