Mon, May 28, 2012, 6:57 AM EDT - U.S. Markets closed for Memorial Day

Boeing and new European airline Volotea agree to 717 leasing deal

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The Boeing 717 will be the foundation for new European low-cost airline, Volotea, with a long-term lease deal announced today between Boeing and the airline's management. Volotea has taken delivery of its first 717-200 airplane from Boeing Capital Corporation, the manufacturers' financing and leasing arm. The operator plans to begin its new European point-to-point service with an all-717 fleet in time for this year's Easter travel season. Under a multi-year arrangement, Boeing will begin additional deliveries year of the reliable and modern twinjet in March of this year. The number of aircraft involved in the arrangement was not disclosed.

 

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