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Monday, January 5, 2004

BAe Systems Lists Aircraft Sales, Leases, and Contract Awards

BAe Systems regional aircraft division has signed a long-term lease agreement with West Air Sweden for another ATP regional aircraft. The aircraft is currently undergoing a freighter conversion at Romaero's Baneasa facility near Bucharest, Romania, to install large freight door (LFD) and will be delivered to the cargo airline in the first quarter of 2004.

In addition, West Air Sweden has agreed to extend the current lease of another ATP, which it currently operates in the passenger charter market in Sweden. This aircraft will be flown to Romaero early this year where it also will be converted into a LFD aircraft for delivery to carrier in the second quarter of the year. BAe has negotiated purchase options with West Air Sweden for both aircraft at the end of their leases.

The addition of the extra ATP will bring West Air Sweden's ATP fleet to 12 aircraft (CRAN, March 24, 2003). Currently, nine of these are operating with a flexible E- Class configuration, either on internal routes for the Swedish Post Office, or on behalf of the major integrators on routes throughout Europe.

BAe Systems also signed an agreement with Philippine domestic carrier Asian Spirit for the long-term lease of two 68-seat ATP regional airliners. Delivery of the first aircraft took place last month and the second will follow in 2004.

The airline, an employee cooperative, will use the ATPs to replace some of its older 60-seat Japanese-built YS-11 turboprops, for route expansion and to provide additional peak travel times.

In other BAe news:

  • BAe Systems regional aircraft won a major contract from AvCraft Aerospace for spares storage, distribution and logistics support for Dornier 328 and 328JET aircraft in service across North, Central and South America. The agreement will be instituted in three phases and will run for an initial six-year period. As a part of the deal, AvCraft will locate and deliver about $150 million in aircraft spares to BAe's Herndon, Va., facility via two major shipments starting in mid-December.
  • BAe has sold five Jetstream 31s and one Jetstream 32 to BARXH of Medicine Hat, Alberta. All of the 19-seaters have been delivered to the operator for charter and daily scheduled services. The Canadian company, established in 1967 by Les Little, is comprised of three divisions: Alberta Citylink offers scheduled service throughout northern Canada; BARXH Sales provides customers with maintenance leasing services of single and twin-engine aircraft; BARXH Air offers flight training and college courses through a relationship with Medicine Hat College.
  • BAe has also sold one Jetstream 31 to International Jet of Miami. The privately held company, which buys and sells aircraft, accepted the 19-seater last month and planned to transfer it to LET America in Santiago, Bolivia, for charter and scheduled service in the Dominican Republic.
  • BAe has delivered a 19-seat Jetstream 32EP to SAVE (Servicio A�reo Vargas Espana), a Santa Cruz, Bolivia-based regional airline carrier. The aircraft entered into service supplementing Jetstream 31 scheduled service. Maj. Hugo Vargas, a retired military fighter pilot with connections to the petroleum industry, established SAVE in 1975. Now flying to eight secondary airports in Bolivia, SAVE provides business shuttle service to employees of the petroleum industry as well as other passengers.
  • BAe launched a new Web portal ( http://www.regional-services.com ) as part of an initiative to create a single Web site through which all of its online services will be available. Currently, BAe's regional aircraft division has four Web sites that provide communications and services covering spares, electronic fleet data management, technical information, and marketing and communications. These four have been combined into one site to facilitate communication with the entire customer base.

>>Contact: David Dorman, BAe Systems, 44 (0) 1582 488336, email: david.dorman@baesystems.com .<<

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