Austrian Airlines completes wet lease deal with airberlin
Austrian Airlines and Air Berlin have concluded a wet lease agreement stipulating the lease of five aircraft operated by the Air Berlin Group. The airplanes will be successively integrated into the Austrian Airlines fleet in the months of March and April 2017.
“With the five aircraft from Air Berlin, we will take advantage of market opportunities to strengthen our leading position at our hub Vienna,” explained Austrian Airlines chief executive, Kay Kratky.
“We are proud that we are in a position to actively participate in shaping the market consolidation process.” At present, the entire Austrian Airlines fleet consists of 80 aircraft.
The airplanes to be leased by Austrian Airlines from Air Berlin involve five Airbus A320 jets, which will be operated in the future displaying the Austrian Airlines colours. The aircraft will be leased together with pilots and flight attendants.
Austrian Airlines already has 31 aircraft of the A320 family in its fleet including seven Airbus A319, 18 A320 jets and six A321 planes. The wet lease agreement with Air Berlin will raise the number of Airbus jets in the Austrian Airlines fleet to 36 in total.
The wet lease deal comprises part of a framework agreement between the Lufthansa Group and Air Berlin to lease 38 aircraft for Eurowings and Austrian Airlines, and will apply subject to the approval of the Competition Authorities.
The contractual partners have agreed to maintain confidentiality with respect to the terms and conditions of the lease payments.
You might also like
Ethiopian marks annual Christmas party day with orphans
Present at the celebration were ET management staff, orphan children and parents from fourteen NGO’s, Ethiopian Brand Ambassador, Hanna Godefa and employees from different working units. The occasion was celebrated
Virgin Atlantic Red Hot Fridays are here!
Virgin Atlantic recently conducted a trade blitz called the Red Hot Friday and visited some travel agencies in Delhi with sweet savouries and fun goodies. The agents dressed in red were awarded cool give-aways like
Aitken Spence Travels, Sri Lanka appoints Nijhawan Group as their India Representatives
Aitken Spence Travels, the leading destination management company in Sri Lanka appoints India’s leading representation Company, Nijhawan Group as their sales and marketing representatives to develop the Indian outbound market
