Lease deals expand Island Air's fleet

By Dave Segal

POSTED: 01:30 a.m. HST, Sep 11, 2012

~~<p>Island Air took another major step Monday in its ongoing expansion by signing a letter of intent to lease five ATR 42 turboprop aircraft.</p>
<p>The agreement follows on the heels of leases for two ATR 72s that Island Air signed earlier this year with Danish-based Nordic Air Capital. The new letter of intent is with Aerway Leasing LLC, an aviation leasing company with offices in Illinois and Wisconsin.</p>
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Island Air took another major step Monday in its ongoing expansion by signing a letter of intent to lease five ATR 42 turboprop aircraft.

The agreement follows on the heels of leases for two ATR 72s that Island Air signed earlier this year with Danish-based Nordic Air Capital. The new letter of intent is with Aerway Leasing LLC, an aviation leasing company with offices in Illinois and Wisconsin. Login for more...