airBaltic to replace Avro RJ fleet

Latvian national airline airBaltic is taking advantage of low lease rates in the current depressed market to replace its three Avro RJ70s and four Fokker 50s with Boeing 737s. The 120-seat 737s will provide substantially more capacity than the 76-seat RJ70s. The first 737 will arrive next month, and be used on the airline’s main route, from Riga to Copenhagen. Others will follow until the entire fleet is replaced, in 2004. airBaltic leased three former Business Express RJ70s from BAE Systems in early 1996, and renewed the leases in late 2000.

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