Malaysia’s Eaglexpress Air Charter closes operating lease on A330-200 aircraft

Malaysia’s Eaglexpress Air Charter closes operating lease on A330-200 aircraft

Kuala Lumpur, Malaysia, 21st December 2015 

Malaysia’s Eaglexpress Air Charter (www.eaglexpressair.com), a privately held, global Umrah/Hajj charter operator, recently closed an operating lease for an A330-200 aircraft managed by US aircraft asset manager Guggenheim Aviation Partners, LLC.

The operating lease is a one-year dry lease for the 1999 vintage, 358-seater aircraft, bearing MSN 0261.

The aircraft underwent a heavy maintenance check at the Monarch Airlines facility in Birmingham, UK, the airline that previously operated the aircraft.

The A330-200 aircraft will be wet leased by Eaglexpress Air Charter to NAS holdings of Saudi Arabia for the same period.

“We are very pleased to be inducting this new aircraft type into our fleet, satisfying our client’s aircraft type requirement,” says Captain Azlan Zainal Abidin, President, Chief Executive Officer, and the largest shareholder of the Malaysian air charter operator.

In July earlier this year, Eaglexpress Air Charter successfully closed two sale-leaseback transactions on two Boeing 747-400 aircraft, with US lessor Aersale, Inc, a Florida corporation. The two transactions totaled just over USD30 million.

Editors’ Notes:

Eaglexpress Air Charter is an Aircraft, Crew, Maintenance and Insurance (ACMI) operator.

Eaglexpress Air Charter was incorporated in August 2011, and granted its Aircraft operating Certificate (AOC) and Aircraft Service Permit (ASP) to operate non-scheduled air services for passenger and cargo in August 2012 by Malaysia’s Department of Civil Aviation.

Guggenheim Aviation Partners, LLC has more than USD$2.3 billion of commercial aviation assets under management, representing a broad range of Boeing and Airbus aircraft on lease to airlines and cargo operators around the world. Guggenheim Aviation Partners, LLC is an affiliate of Guggenheim Partners, LLC, a global investment and advisory firm with more than $240 billion in assets under management*.

See: www.guggenheimpartners.com

*Assets under management as of 9/30/2015, including consulting services for clients whose assets are valued at approximately USD48 billion.

 

Contact information: 

Andrew.Law@eaglexpressair.com

Eaglexpress Air Charter:www.eaglexpressair.com

 

Corporate Headquarters:

Eaglexpress Air Charter Sdn Bhd (956168-D)

Block A-9-01, A-9-02,

Oasis Square, Oasis Damansara,

No. 2, Jalan PJU 1A/7A,

47301 Petaling Jaya,

Selangor Darul Ehsan, Malaysia.

 

Photo captions:

Pics 1 and 2: The A330-200 is wet leased by Eaglexpress Air Charter to NAS holdings of Saudi Arabia.

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Pics 3 and 4: Inflight service with Eaglexpress Air Charter cabin crew

 

 

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