JUNE 24TH, 2014

Further ERJ-145 Sale Concluded by Airstream

Airstream has arranged the sale of an ERJ-145EU to Novoair of Bangladesh.

This is the third ERJ145 aircraft that Airstream has sold to Novoair, a newly established operator flying scheduled services linking major centres in the region.

The aircraft, serial number 300, was originally acquired by British Regional Airlines in the UK under a finance facility arranged by Airstream back in 1999. It was then the subject of a sale and leaseback with FlyBe, also arranged by Airstream. We then placed the aircraft with lessees bmi Regional and Eastern Airways on behalf of the new owner before negotiating and completing the sale to Novoair.

Novoair is one of several operators new to the ERJ-145 that Airstream has successfully secured. We have concluded sales, leasing and financing transactions involving over fifty ERJ-145 aircraft, and look forward to announcing further ERJ-145 sales in the near future.


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