​Norwegian-subsidiary Arctic Aviation Assets to lease out 12 aircraft to airline HK Express

Published on : Saturday, December 19, 2015

aarqsl1rr6oryz02nmfp-300x225“We are delighted to work with HK Express to support their expanding network with the modern and fuel-efficient Airbus A320neo”, said Tore Jenssen, COO of Arctic Aviation Assets Ltd.


Through AAA, Norwegian has firm orders of 100 Airbus A320neo. This aircraft type offers new, more energy-efficient engines enabling fuel savings and emission reductions of up to 20 per cent compared to previous models.


The agreement is a final confirmation of the letter of intent to lease out the aircraft announced on 12th August 2015.Arctic Aviation Assets Ltd. is a fully owned subsidiary of Norwegian Air Shuttle, based in Dublin, Ireland. AAA manages a portfolio of 100 aircraft for the Norwegian Group and has firm orders of 267 aircraft for delivery in 2015 to 2022 in addition to 160 purchase options.


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