SAS Group Selling 18 MD-80s to Allegiant Air

from FlightGlobal:

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04/01/10
By David Kaminski-Morrow

SAS Group is selling 18 Boeing MD-80 aircraft to the parent of US carrier Allegiant Air.

The twin-jets are being sold as part of the company's 'Core SAS' restructuring programme under which it is withdrawing 21 aircraft from its fleet.

Eighteen aircraft have already been withdrawn, says SAS Group.

"As a result of this and earlier capacity reductions SAS holds MD-80 series surplus aircraft," it adds.

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SAS Group states that the agreement will reduce its net debt by SKr200 million ($28.4 million).

It will deliver the aircraft to Allegiant Air's parent, Las Vegas-based Allegiant Travel Company, in the first half of this year.

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