Industry Addendum
AerFin acquires Saudia Air’s 15 Embraer 170-LRs
June 1st 2017
AerFin Ltd, which specializes in aircraft end of life solutions, has accepted Saudi Arabian Airlnes’ fleet of 15 Embraer 170-LR airplanes, including all spares parts, engines, tooling and equipment necessary to support the fleet. Read More »
The E170s, which have commonality with the E175 and E190s, entered into service with the Middle East airline in 2005 with the last of the aircraft completing their final flight in December last year.
AerFin CEO, Bob James, said: “the Saudi 170 fleet is barely 10 years old, so while we expect some aircraft to be reduced to spares, eight aircraft have had D checks in the last 12 months and provide excellent lease candidates.”
