BAE Sells 1 BAe 146 and 3 ATPs to Regional One of Florida

(Hatfield, Hertfordshire, UK, June 22, 2009) -- BAE Systems Asset Management has concluded sale agreements with Regional One Inc. of Miami, Florida for the purchase of a BAe 146-100 jetliner and three ATP regional turboprop airliners.

Regional One is a rapidly growing emerging lessor, specialising in the regional aircraft market for developing areas. It has a portfolio consisting of several different regional aircraft types, including two BAe 146-100s and an ATP that it leases to Air Aceh in Indonesia.

The newly acquired BAe 146-100, (msn E1104), was previously operated by National Jet Systems in Australia and was delivered to Regional One in the third week of May while the three ATPs bought by Regional One are currently operating on lease with SATA Air Acores.

Source : BAE Systems PLC (LSE: BAES.L) - click here for more information