When financially-troubled Azzurra Air parked its fleet of four Avro RJ70s and three RJ85s at Exeter in December, it blamed the move on the aircraft’s high maintenance costs. But Air Malta has now explained that it took the initiative to repossess the aircraft — which it had leased to Azzurra […]
BAE Systems’ trading and services arm, in conjunction with HSBC Bank, has negotiated a sale-and-leaseback deal involving the three Avro RJ70s and three RJ85s operated by Air Malta subsidiary Azzurra Air. HSBC will manage the leases of the seven jets. Earlier, Azzurra had renewed its Jetspares spares inventory and repair […]
Air Malta continued to transfer its Avro RJ70s to Azzurra Air. RJ70 9H-ACN (msn E1258) was delivered to Azzurra Air as EI-CPJ on 19 March following overhaul at East Midlands. 9H-ACO (msn E1260) EI-CPK followed on 23 March. They join EI-COQ (msn E1254 ex 9H-ACM), which was delivered in October. The […]
Azzurra Air will apparently retain its three Avro RJ85s as well as receiving four RJ70s from parent Air Malta. Originally, Azzurra’s RJ85s were to have been replaced by three of Air Malta’s RJ70s; the remaining Air Malta RJ70 and Azzurra’s three RJ85s were then to have been sold through Fortis […]
Air Malta has decided to abandon the hub strategy which had been initiated by the previous management team. As a result, it will dispose of its 4 Avro RJ70s. Three will be transferred to Italian subsidiary Azzurra Air, replacing the latter’s RJ85s. The fourth RJ70 and Azzurra’s 3 RJ85s will […]
