Fine Air said yesterday it is purchasing Arrow Air

Fine Air said yesterday it is purchasing Arrow Air for $115 million cash and other considerations from International Air Leases of PR Inc. The deal includes 13 DC-8s, four L-1011s, and 130 JT3, JT8 and RB211 engines, new and used airframe parts, an engine overhaul shop and a wheel and brake shop.

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.