BAE Systems Wins Major Fokker 100 Remarketing Mandate From AviancaTaca Group

March 23, 2011
The Fokker 100s will be released on a planned and gradual basis for remarketing from now through June 2012.

Hatfield, Hertfordshire ... BAE Systems has been selected by AviancaTaca – one of Latin America’s largest airline groupings - to exclusively remarket Fokker 100 jet airliners for sale.

The Fokker 100s, built between 1992 and 1994, will be released on a planned and gradual basis for remarketing from now through June 2012.

This important mandate builds upon the performance of BAE Systems in successfully remarketing eight Boeing MD83 jet airliners on behalf of Avianca.

The Fokker 100 is a 100-seat passenger airliner, built by Fokker in the Netherlands between 1988 and 1996 during which time 277 aircraft were delivered to customers. Most of the aircraft built were powered by twin Rolls-Royce Tay 650-15 engines, which is the engine type fitted to AviancaTaca’s aircraft. At present there are 170 Fokker 100s in service with 33 different operators.

Hamish Davidson, Executive Vice President Business Development for BAE Systems Asset Management said today: “We are excited to once again work with Avianca, with whom we have developed a close business relationship through our remarketing of their MD83 fleet. This is one of the most significant mandates we have been awarded and reflects our strong capability to deliver the required marketing campaign.”

In addition to these Fokker 100s, BAE Systems’ Asset Management team has current mandates to remarket a further 24 aircraft on behalf of various owners worldwide.

About AviancaTaca

AviancaTaca is a group of leading airlines in Latin America. With a modern fleet of 150 short, medium and long range aircraft and an exceptional team comprised of more than 13,000 employees, AviancaTaca directly services over 100 destinations in America and Europe, which connects to over 750 destinations worldwide through its partner airlines around the globe. Its multi-hub operating model offers passengers diverse and convenient flight options through Bogotá, Colombia; San Salvador, El Salvador; Lima, Peru and San Jose, Costa Rica.