31 Jan 2005
BAE Systems Regional Aircraft completed a successful year placing 25 Jetstreams during 2004. The companys current Jetstream portfolio totals 184 aircraft, comprising 109 Jetstream 32s and 75 Jetstream 41s.
These transactions, which cover new customers in Latin America, Europe and the USA, demonstrate the Jetstreams flexibility to serve various operations, including charter roles in corporate configuration and niche regional airline operations with airline seating.
Some highlights of the 2004 business included:
Direktflyg of Sweden, an operator of eight Jetstream 32s, all of which have been provided on lease by BAE Systems Regional Aircraft, purchased four of the aircraft (Serial Numbers 841, 844, 846, 848). The airline has also contracted the purchase of three more Jetstream 32s (Serial Numbers 854, 855, 857) for delivery in April 2005.
ADA-Aerolinea de Antioquia, a regional operator based in Medellin, Colombia, purchased three Jetstream 32s (Serial Numbers 828, 897, 898). The aircraft upgraded and enlarged ADAs service network with important regional bases located in Bogota, Cali and Rionegro.
Mansfield Star of Venezuela, purchased two Jetstream 32s (Serial Numbers 858, 865) during the fourth quarter of last year. The aircraft feature a 12-seat corporate interior.
Vertical Aviation of Sanford, Florida purchased three Jetstream 32s (Serial Numbers 894, 899, 901) during the 2004 fourth quarter and recently agreed to acquire a fourth (Serial Number 895). The company, which specializes in helicopter research, design and manufacturing, will operate charter flights for oil companies using the Jetstream 32s.
Eastern Airways agreed to purchase and took delivery of three of its leased Jetstream 32s (Serial Numbers 842, 845, 847). The Humberside, UK-based airline operates a fleet of 14 Jetstream 41s and eight of the smaller 19-seat Jetstream 31/32 aircraft and is the largest fleet operator of Jetstreams outside of the United States.
Kystfly A.S., 100% owner of Norwegian regional carrier, Coast Air A.S., has accepted a Jetstream 32 (Serial Number 856) and has contracted to purchase a second Jetstream for delivery in the third quarter of 2005. Established in 1975, Coast Air already flies four Jetstream 31s.
In addition, BAE Systems Regional Aircraft sold the last of its available Jetstream 31 aircraft in 2004. One Jetstream 31 (Serial Number 784) was sold to ProFlight with the aircraft now operating in Venezuela, another one (Serial Number 807) was sold to Aviation College of Sweden and two Jetstream 31s (Serial Numbers 794, 798) were sold to Quassar and are now operating in Mexico.
About BAE SYSTEMS Regional Aircraft
BAE Systems Regional Aircraft is responsible for Customer Support, Engineering and Asset Management activities covering a world-wide base of 160 customers operating over 1,100 aircraft in addition to managing a trading and leasing portfolio of some 350 aircraft.
About BAE SYSTEMS
BAE Systems is an international company engaged in the development, delivery and support of advanced defence and aerospace systems in the air, on land, at sea and in space. The company designs, manufactures and supports military aircraft, surface ships, submarines, fighting vehicles, radar, avionics, communications, electronics and guided weapon systems. It is a pioneer in technology with a heritage stretching back hundreds of years. It is at the forefront of innovation, working to develop the next generation of intelligent defence systems.
BAE Systems has major operations across five continents and customers in some 130 countries. The company has more than 90,000 people and generates annual sales of approximately 12 billion through its wholly-owned and joint venture operations.
BAE Systems, innovating for a safer world.
For further information, please contact:
David Dorman, BAE Systems
Tel: +44 (0) 1582 488336 Fax: +44 (0) 1584 488447
