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Air Malta Leases Aircraft to Atlantic Airways

Air Malta Leases Aircraft to Atlantic Airways
Air Malta has successfully concluded a dry lease agreement for the
provision of an Airbus A319 aircraft to Atlantic Airways of the Faroe
Islands for a period of 41 months. This agreement follows months of
intensive discussions with several airlines following the return of the
leased aircraft from OLT Express’.

With this lease Air Malta will be operating a ten aircraft fleet thus meeting
the required capacity under the terms of its Restructuring Plan approved
by the European Commission.

The aircraft will join Atlantic Airways’ four aircraft fleet and will operate
from its base at Vágar Airport to airports in Denmark, UK, Spain, Norway
and Iceland as well as other tourist destinations that will be added on by
the airline.

This lease will start in early May. The aircraft (9H-AEJ) will be deregistered
from the Maltese aircraft register and will be given the new
registration of OY-RCH.

Atlantic Airways is the national airline of the Faroe Islands, operating
domestic helicopter services and international passenger services as well
as search and rescue responsibilities from its base airport on Vágar
island.


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