Cobham Aviation Services Extends BAe 146/Avro RJ Leases With Falko

Dec. 6, 2011
The two aircraft are part of a fleet of 17 BAe 146 and Avro RJ aircraft that are used by Cobham Aviation Services Australia.

Cobham Aviation Services Australia has extended leases with Falko on an Avro RJ100 and a BAe 146-300QT.

The Avro RJ100 (E3331) is used to support a number of resource industry contracts principally in Western Australia, while the 11.5 tonne BAe 146-300QT (Quiet Trader) freighter, bearing manufacturer’s serial number E3126, is used in support of overnight scheduled air freight services on the eastern seaboard.

The two aircraft are part of a fleet of 17 BAe 146 and Avro RJ aircraft that are used by Cobham Aviation Services Australia on behalf of blue-chip clients including multinational mining companies on ‘Fly in; Fly out’ contracts.

Peter Nottage, Chief Executive Officer of Cobham Aviation Services Australia said: “We operate the BAe 146 and Avro RJ day and night in temperatures up to 42 degrees Celsius to remote locations with little ground support. In Western Australia, the aircraft is a vital air transport tool for the important mining and resource industry.”

James Greenstreet, Executive Vice President Portfolio Strategy of Falko, said today: “The announcement of these new lease contracts with Cobham underlines the relevance of our aircraft to the mining resource industry.

“In addition to Australia our customer Eznis Airways in Mongolia, is providing important FIFO services using the Avro RJ in support of the Mongolian mining and exploration sector, while Minera San Cristobal S.A. in Bolivia also uses a BAe 146 on dedicated FIFO work.”

About Falko:

Falko is a boutique aircraft asset manager dedicated to delivering value from our commercial aircraft portfolio. With the support of Fortress Investment Group LLC, and in pursuit of our long-term growth strategy, we offer innovative and proven aircraft leasing and finance solutions for the market.