Reunion-based Air Austral has completed a sale-and-leaseback deal for two of its ATR 72-500 turboprop aircraft. The agreement is with UK-based regional aircraft leasing and asset management specialist Falko, for which Air Austral is already a customer. Air Austral is based in the French Indian Ocean possession of Réunion and operates services to other islands and the African mainland, as well as to Europe and Asia-Pacific. The two ATRs operate short-haul regional services, while ...

Subscribe to Access this Entire Article

"Air Austral signs sale-and-leaseback agreement" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? Log in here.