Hi Fly confirms A380 plans | News | Airfinance Journal

Hi Fly confirms A380 plans

Portuguese charter operator Hi Fly is to introduce its first Airbus A380 aircraft in mid-2018, the airline confirms.

The aircraft will be the first of two examples and will be leased from German fund manager Dr Peters Group.

Both aircraft, which were previously leased to Singapore Airlines for 10 years, are painted in white and currently parked at Tarbes site of Tarmac Aerosave.

Dr. Peters Group had been considering the parting out of the aircraft -which are owned by Dr. Peters Group unit DS Aviation and managed by Doric Asset Finance.

The long-haul specialist carrier says the Rolls-Royce Trent 900-powered aircraft will be operated "worldwide", with 471 seats in three classes.

The Hi Fly configuration includes 399 economy seats on the main deck with 60 business-class and 12 first-class seats on the upper deck – the configuration previously used by Singapore Airlines.

In a high density version, the aircraft can carry up to 868 passengers, says Hi Fly.

“It is a very proud moment for Hi Fly. The Airbus A380 is the largest and most advanced airliner flying today and certainly the aircraft of choice for the most discerning air travellers. This acquisition has been part of our company’s plans for a while,” says Hi Fly president Paulo Mirpuri.

Transaction SnapshotDP Aircraft | KG Structure | 06-14 | $135m | 1xA380

Financial Close:
26/06/2014
SPV:
DS 140 FLUGZEUGFONDS XIV GmbH & Co. GESCHLOSSENE INVESTMENT KG
Value:
$183.77m USD
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