Island Air (Honolulu) has announced the signing of a letter of intent (LOI), leasing five ATR 42 jet prop aircraft. The announcement is the next step in the carrier’s New Business Plan (NBP) launched earlier this year.
The agreement was reached with Chicago’s Aerway Leasing, LLC for 5 ATR 42 jet prop aircraft.
The first two aircraft are set to arrive in Honolulu by end of year with three more joining the fleet in the summer of 2013.
Image: Island Air.