ASTRAEUS AIRLINES
COMMERCIAL AIRCRAFT SOURCING AND MANAGEMENT
PRESS RELEASE
October 05, 2010.
ASTRAEUS WET LEASES THREE BOEING 757s TO SAUDI ARABIAN AIRLINES.
Gatwick-based Astraeus is to wet lease three Boeing 757-200s to Saudi Arabian Airlines.
The aircraft will commence operations for Saudi in October 2010, and will be retained until the end of December 2010, primarily to support massive demand for seats during the Hajj, the world’s biggest pilgrimage.
The wet lease arrangement means that Astraeus will provide crew and full management of the aircraft, which will be based in Jeddah.
“This is the second Hajj contract with Saudi Arabian Airlines, and a fantastic endorsement of our ability: the Hajj is a hugely important religious event, and as such it is a contract we need to deliver with the utmost sensitivity and respect for the occasion,” said Shaun Monnery of Astraeus.
“The expertise and experience of the Astraeus team along with the reputation we have established in supporting a number of airlines around the world was clearly a strong influence in our retention of this contract.”
The entire fleet – bar one ad hoc aircraft - is committed on dry, damp or wet lease to airlines around the world, and is sourcing more to address further opportunities.
Astraeus Airlines commenced operations in 2002, employs 250 people and operates a fleet of eleven Boeing 737 and 757 aircraft and one Airbus A320, primarily on contract with a number of airlines, including ACMI. Astraeus has a worldwide Air Operator’s Certificate (AOC) and is IOSA accredited. Astraeus is a wholly-owned subsidiary of Eignarhaldsfelagid Fengur HF which also owns Iceland Express.
Ends
Further information:
Iain Macauley
+44 (0)7788 978800 / im@pressrelations.co.uk / www.flystar.com
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