SAS sells 13 MD-80 aircraft to Allegiant Air

Scandinavian Airlines-SAS McDonnell Douglas DC-9-82 (MD-82) OY-KHN (msn 53000) ARN (Stefan Sjogren), originally uploaded by Airliners Gallery.

Scandinavian Airlines-SAS (Stockholm) announced today it has has entered into a sales agreement with Sunrise Asset Management, LLC, to sell 13 DC-9-82/-83/-87 aircraft and an additional 12 spare engines.

Sunrise Asset Management is an affiliate of Allegiant Air (Las Vegas).

According to SAS, “the order value is slightly above $20 million (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 MD-80 series aircraft which are being replaced by Boeing 737NGs and Airbus A320s prior to the commencement of the A320neo aircraft ordered earlier this year. SAS has earlier sold aircraft to Allegiant and once the deliveries to Allegiant Air are completed, SAS will have sold 45 MD-80 series aircraft.”

According to Allegiant, “these purchases will primarily be used to replace engines that will be coming due for major overhauls over the next two years, thus helping the airline to optimize its engine-related maintenance expense. The agreement also allows Allegiant the flexibility to use several of the aircraft for additional MD-80 fleet growth in the future, should it decide to do so.”

Copyright Photo: Stefan Sjogren. Please click on the photo for additional information.

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