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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, as well as 12 spare engines.
The impending transformation of Olympic Airlines into a new venture called Olympic Air will spell the end of the Greek flag carrier's long haul routes, including its Athens (ATH)-New York (JFK) service.
The 2014 edition of the Farnborough International Airshow was kicked off on Monday morning with announcements from airframe and engine manufacturers large and small.