Ethiopian Airlines plans to sale and lease back two DH8-Q400
Ethiopian Airlines, Ethiopia's flag carrier, plans to sale and lease back two new all economy 82 seater DH8-Q400 aircraft whose delivery positions are in December 2016.
Bombardier DH8-Q400, also known as Q-Series, is a twin-engine, medium-range, turboprop plane. Ethiopian Airlines currently has 19 such aircraft, 5 of which acquired on June 9, 2017 as an undisclosed customer during the Paris Air Show.
Ethiopian Airlines is the largest airline in Africa and one of the fastest-growing in the industry. It is wholly owned by the Ethiopian government and is headquartered in Addis Ababa. The airline’s fleet consists of 84 passenger aircraft and 8 freighters, dominated by Airbus and Boeing planes with an average age of aircraft being 5 years. It also has 60 aircraft on order, including 30 Boeing MAX 8s and 19 Airbus A350-900.