Pegasus Remarkets 49 Jets to 15 Airlines Year-To-Date; Lease Activity Covers Diverse Fleet OF 757s, 737s, 727s, DC-9s, DC-10s and MD-80s.SAN FRANCISCO--(BUSINESS WIRE)--Sept. 22, 1999-- Pegasus Aviation Inc., a leading owner and lessor of both new and used commercial jet aircraft, today announced the completion of 49 remarketing lease transactions to fifteen worldwide airline operators since the beginning of 1999. These latest figures indicate a strong and continued demand for the company's diverse fleet of passenger and freighter aircraft. The most significant of the transactions include 15 Boeing 737s to flag carrier Aerolineas Argentinas of Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. , Argentina; nine B727-200 freighters to Kitty Hawk Air Cargo Inc Aircargo Communities Inc known as Air Cargo Inc, is the largest network of Air Freight Cartage agents and trucking companies providing services to the airline and freight forwarding community in North America. ., of Dallas, Texas; and five DC10-10 freighters to Emery Worldwide based in Redwood City, Calif. In addition, AccessAir of Des Moines, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation). Des Moines (pronounced /dɪˈmɔɪn/ in English, leased two B737-200s; Air Europa of Mallorca, Spain renewed leases of two B757-200s; Allegro Air and TAESA, both Mexico-based, leased one B727-200A and one B737-300 respectively; Avensa and LASER of Venezuela leased two DC10-30s and two DC9-32s respectively; Continental Airlines renewed leases of two B727-200As and one MD-82; Miami-based Falcon Air Express Falcon Air Express was an airline based in Miami, Florida, USA. It operated charter services and wet-leasing of aircraft. Its main base is Miami International Airport[1]. Falcon Air sub-contracts for Venezuelan carrier Aeropostal Alas de Venezuela. leased two B727-200As; Pacific International Airlines, S.A. of Panama leased one B727-200A freighter; and Southwest Airlines renewed a lease of one B737-300. TransMeridian, a U.S. Charter operator, leased two B727-200As, and Trans World Airlines Trans World Airlines, commonly known as TWA, was a major American airline company that was acquired by American Airlines in April 2001. For many years it was headquartered at the Kansas City Downtown Airport, as well as midtown Manhattan in New York City. leased one B757-200. "Our fundamental objective is to provide our customers with value by offering aircraft and capital when they want it and need it," said Richard Wiley, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Pegasus Aviation. Formed in 1988, Pegasus Aviation Group specializes in the global leasing of commercial jet aircraft, and maintains in-house services in finance, marketing, technical operations and legal. The privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , which include Pegasus Aviation, Aviation Assets Holding Company and Pegasus Capital Corporation, own or manage more than 160 passenger and freighter aircraft, currently on lease to 50 different airlines worldwide. Pegasus pursues a strong asset growth strategy and delivers flexible fleet planning to its airline customers. |
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