Airstream arranges the purchase and onward lease of One ATR42-500

Airstream International Group is pleased to announce that it has arranged, in collaboration with a large US based lessor, the purchase and onward lease of one ATR42-500 to Hevilift Group. MSN497, previously owned and operated by Danish Air Transport, Denmark, will be used on dedicated mining contracts in Papua New Guinea.

This is the second ATR aircraft transaction that Airstream has completed involving both DAT and Hevilift. The aircraft will shortly ferry to Cairns, Australia where it will undergo pre service modifications before joining the Hevilift operation.

Airstream has successfully arranged the sale/lease of fourteen ATR aircraft over the last twenty four months and expects to close further transactions prior to year end.

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