Santos Dumont to Redeliver Eight Aircraft on behalf of LOT Polish Airlines

Dublin, 20 September, 2013 | Santos Dumont, the aviation technical consultancy and asset manager, announces it is to redeliver eight aircraft on behalf of LOT Polish Airlines (‘LOT’).

Santos Dumont is a leading provider of aircraft redelivery services and has redelivered over 120 aircraft for airlines and lessors around the world. Santos Dumont will redeliver four Boeing 737-400 and four Boeing 767-300 aircraft on behalf of LOT. The aircraft are being redelivered to ACG, AWAS, TPG, ILFC and AirTrust Capital Corp. Five of the aircraft have been redelivered to date and it is expected that the additional three aircraft will be redelivered by October 31, 2013.

Cathal Kilmartin, CEO of Santos Dumont, commented: “We are delighted to partner with LOT on their fleet renewal programme and to redeliver eight of their existing aircraft on their behalf. Our proven track record of redelivery management enables airlines, such as LOT, to transition to new aircraft and re-deliver existing aircraft in an efficient and cost-effective manner.”

Tomasz Stafiej, Deputy of Continuing Airworthiness Department (OT) Director, LOT Polish Airlines, added: “We are pleased to partner with Santos Dumont on the redelivery of eight of our aircraft as we continue to renew our fleet and, in particular, replace all of our Boeing 767 aircraft with state-of-the-art Boeing 787 Dreamliners.”