South African Airways Plans to Lease Future Aircraft
Aircraft manufacturer Airbus says South African Airways (SAA) was planning to lease and not purchase aircraft, said Public Enterprises Minister Malusi Gigaba in his budget vote speech delivered in Parliament.
The fleet renewal plan at SAA began with the acquisition of the Airbus A330-200 long-range aircraft. Between 2011 and 2015, the company will acquire 25 additional aircraft to use for long-range as well as short-range domestic and regional hauls, Gigaba said.
Airbus said in statement that SAA is leasing these aircraft from Irish-based lessor AirCastle, which ordered them new and to SAA’s specifications.
“The aircraft SAA has ordered direct from Airbus are all A320 single-aisle aircraft, which will replace the Boeing 737-800s acquired under Coleman Andrews’ stewardship, and used on domestic and regional routes,” the statement said.