STAMFORD, Conn.--(BUSINESS WIRE)--Intrepid Aviation is pleased to announce that it has entered into an agreement for the long-term lease of seven (7) Rolls-Royce powered A330-300 aircraft with Turkish Airlines.
“This agreement is the culmination of a highly collaborative effort that will see the aircraft delivery stream commencing in 2016 following the installation of a new, dual-class cabin interior, further accelerating Turkish Airlines’ strong growth trajectory,” said Doug Winter, Intrepid’s President & Chief Commercial Officer.
“We are very pleased to welcome Turkish Airlines as a new customer to Intrepid. Turkish Airlines has distinguished itself as one of the world’s most successful airlines and globally recognized brands,” added Intrepid’s Chief Executive Officer, Olaf Sachau.
“On behalf of Turkish Airlines, we want to thank the Intrepid team for their flexible, partnership driven approach in bringing this unique opportunity together. We look forward to a long and successful cooperation between our companies”, concluded Ahmet Bolat Ph.D, Turkish Airlines’ Chief Investment & Technology Officer.
ABOUT INTREPID AVIATION:
Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody and large narrowbody equipment, such as the Airbus A330 & A321 and Boeing B777 & B787 families of aircraft.
For more information on Intrepid Aviation, www.intrepidaviation.com
ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS:
Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has approximately $7 billion in assets under management. – Centerbridge Partners, LP. is a private investment firm headquartered in New York City with approximately $25 billion in capital under management.
ABOUT TURKISH AIRLINES:
Established in 1933 with a fleet of five aircraft, Star Alliance member Turkish Airlines is a 4-star airline today with a fleet of 300 (passenger and cargo) aircraft flying to 284 destinations worldwide with 235 international and 49 domestic. According to Skytrax survey of 2015, Turkish Airlines was chosen "Europe's Best Airline" for the fifth and "Best Airline in Southern Europe" for the seventh consecutive time. Having won in 2010 the world's "Best Economy Catering Service", in 2013 the world’s "Best Business Catering Service", and in 2014 "Best Business Catering Service" awards, Turkish Airlines was awarded in 2015 the world's “Best Business Class Lounge Dining” and "Best Business Airline Lounge" prizes in the Skytrax survey. More information about Turkish Airlines can be found on www.turkishairlines.com.
