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Planes for sale – SAS to sell 13 MD80 aircraft

SAS is selling 13 MD80 aircraft and 12 spare engines as it continues to upgrade its airline fleet.

Scandinavian Airlines System, has entered into a sales agreement with Sunrise Asset Management, LLC, to sell 13 MD82/83/87 aircraft and an additional 12 spare engines.

Sunrise Asset Management is an affiliate of Allegiant Air, LLC (“Allegiant”), an airline based in Las Vegas . The order value is slightly above $20 million USD (140 MSEK) which will have no effect on the result. Delivery of the aircraft and engines will commence immediately and is scheduled to be completed in February 2013.

This transaction is a further step in SAS’ phase-out program for the MD80 series aircraft. These aircraft are being replaced by B737NG and Airbus A320 aircraft prior to the commencement of the A320NEO jets ordered earlier this year.

SAS has previously sold aircraft to Allegiant and once the deliveries to Allegiant Air are completed, SAS will have sold 45 MD80 series aircraft.

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