Finnair (Helsinki) has sold three Embraer ERJ 170s as the airline right sizes its fleet. The company issued this statement:
On May 5, 2014 Finnair Aircraft Finance Oy, Finnair’s fleet management subsidiary, signed a Memorandum of Understanding on the sale of three Embraer 170 aircraft to affiliates of Infinity Aviation Capital LLC, a US-based aircraft leasing company. The transactions have now been finalized, and their total value was approximately $40 million. The sale of the three aircraft does not have significant impact on Finnair’s 2014 result.
The transactions are a part of Finnair’s aim to focus on its core business. After the sale, Finnair Aircraft Finance owns only aircraft operated by Finnair or its affiliated company Flybe Finland.
Copyright Photo: Paul Denton/AirlinersGallery.com. The remaining Finnair E170s are now operated by Flybe Nordic. The pictured ERJ 170-100STD OH-LEM (msn 17000141) in the old 2000 livery is now going to AeroMexico Connect.
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