Notes:

Israir Group has completed the sale of a pair of ATR 72-500 turboprops whose phase-out was part of the company’s fleet-simplification plans. Tail number 4X-ATH and 4X-ATI. The company had previously disclosed, at the end of last year, that it had reached a binding agreement with a buyer for the aircraft. It says the sale agreement has generated proceeds of $13 million, and that it expects to record a one-off capital gain of $2 million. While Israir has not identified the “foreign” buyer for the ATRs, the Swiss-based aircraft asset specialist BLAC – which the carrier selected to remarket the turboprops – says it has sold the pair to Philippines company Leading Edge Air Services.

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RP-C9962

Photo Date

Mar 02, 2023

Uploaded

Mar 02, 2023

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Notes

Israir Group has completed the sale of a pair of ATR 72-500 turboprops whose phase-out was part of the company’s fleet-simplification plans. Tail number 4X-ATH and 4X-ATI. The company had previously disclosed, at the end of last year, that it had reached a binding agreement with a buyer for the aircraft. It says the sale agreement has generated proceeds of $13 million, and that it expects to record a one-off capital gain of $2 million. While Israir has not identified the “foreign” buyer for the ATRs, the Swiss-based aircraft asset specialist BLAC – which the carrier selected to remarket the turboprops – says it has sold the pair to Philippines company Leading Edge Air Services.

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Canon EOS 600D a.k.a T3i | Canon 15-85mm f/3.5-5.6 IS
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