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Air Malta leases aircraft to Atlantic Airways

With this lease Air Malta will be operating a ten aircraft fleet thus meeting the required capacity under the terms of its Restructuring Plan approved by the European Commission.

Air Malta has successfully concluded a dry lease agreement for the provision of an Airbus A319 aircraft to Atlantic Airways of the Faroe Islands for a period of 41 months. This agreement follows months of intensive discussions with several airlines following the return of the leased aircraft from OLT Express’.

With this lease Air Malta will be operating a ten aircraft fleet thus meeting the required capacity under the terms of its Restructuring Plan approved by the European Commission.

The aircraft will join Atlantic Airways’ four aircraft fleet and will operate from its base at Vagar Airport to airports in Denmark, UK, Spain, Norway and Iceland as well as other tourist destinations that will be added on by the airline.

This lease will start in early May. The aircraft (9H-AEJ) will be deregistered from the Maltese aircraft register and will be given the new registration of OY-RCH.

Atlantic Airways is the national airline of the Faroe Islands, operating domestic helicopter services and international passenger services as well as search and rescue responsibilities from its base airport on Vagar island.

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Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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