SAS Group, the parent company of Scandinavian Airlines, on Friday announced it will sell more than a dozen of its old aircraft to U.S. low-cost airline Allegiant Air.
SAS Group said it has entered an agreement with Sunrise Asset Management, an affiliate of Allegiant Air, to sell thirteen McDonnell Douglas MD-82, MD-83 and MD-87 aircraft. It has also agreed to sell an additional 12 spare engines.
The order value is more than $20 million and delivery of the aircraft and engines will commence immediately, SAS Group said. It said the delivery is scheduled to be completed in February 2013.
“This transaction is a further step in SAS’ phase-out program for the MD80 series aircraft which are being replaced by [Boeing 737s] and [Airbus A320s] prior to the commencement of the A320 NEO’s ordered earlier this year,” SAS said in a statement.
SAS has already sold dozens of old aircraft to Allegiant Air, which has its headquarters near Las Vegas. SAS sold and delivered 18 MD-80 series aircraft to Allegiant Air last year, and the sale announced on Friday will bring the number of sold MD80 series aircraft by SAS to 45.