JUNE 29TH, 2015

AWAS delivers second planned new B737-800 passenger aircraft to Ethiopian Airlines

AWAS announced today that it has delivered an additional new 737-800 passenger aircraft to its long-time customer, Ethiopian Airlines. This is the second of three new aircraft to deliver from a deal agreed in 2014 where AWAS will purchase the aircraft from the airline that Ethiopian had previously ordered directly from the manufacturer, and then lease them back to the airline.

As part of this agreement, AWAS is also assisting Ethiopian with the fleet transition of two 767-300ER widebody passenger aircraft that no longer meet its longer-term business plans. AWAS has deep expertise in transitioning and upgrading aircraft to new airline customers, jurisdictions and business models…creating a timely and profitable solution for all involved parties.