C&L Aerospace completes saab 340B+ sale to Montrose Global LLP

Darren Wood
By Darren Wood October 30, 2019 10:26

C&L Aerospace completes saab 340B+ sale to Montrose Global LLP

C&L Aerospace has completed the sale of Saab 340B+ MSN 365 to Montrose Global Aircraft Leasing Limited who has plans to lease the aircraft to Air Rarotonga based out of the Cook Islands.

This is the second Saab 340 B+ sold by C&L that will be utilised by Air Rarotonga in the last year.

Chris Kilgour, CEO of C&L Aviation Group, said: “We had a customer who was in need of an aircraft and wanted to lease. We were able to connect them with Montrose Global to make that happen.

“Being able to not only provide an aircraft to someone but also a path to financing the transaction is critical in today’s market.”

MSN 365 is one of 10 Saab 340B aircraft C&L agreed to purchase from Japan Air Commuter (JAC) as part of its fleet renewal.

Deliveries began in 2016 and will run through early 2020.

Darren Wood
By Darren Wood October 30, 2019 10:26