Intrepid Announces the Placement of Seven (7) A330-300 Aircraft with Turkish Airlines

STAMFORD, Conn.—(BUSINESS WIRE)—Intrepid Aviation is pleased to announce that it has entered into an agreement for the long-term lease of seven (7) Rolls-Royce powered A330-300 aircraft with Turkish Airlines.

“This agreement is the culmination of a highly collaborative effort that will see the aircraft delivery stream commencing in 2016 following the installation of a new, dual-class cabin interior, further accelerating Turkish Airlines’ strong growth trajectory,” said Doug Winter, Intrepid’s President & Chief Commercial Officer.

“We are very pleased to welcome Turkish Airlines as a new customer to Intrepid. Turkish Airlines has distinguished itself as one of the world’s most successful airlines and globally recognized brands,” added Intrepid’s Chief Executive Officer, Olaf Sachau.

“On behalf of Turkish Airlines, we want to thank the Intrepid team for their flexible, partnership driven approach in bringing this unique opportunity together. We look forward to a long and successful cooperation between our companies”, concluded Ahmet Bolat Ph.D, Turkish Airlines’ Chief Investment & Technology Officer.