C&L Aerospace & Rockton Purchase 14 Saab 340Bs

Aircraft to be refurbished at C&L’s Bangor, Maine, facility

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Bangor, Maine (PRWEB) March 26, 2014

C&L Aerospace and Rockton, through a joint venture, have purchased 14 Saab 340Bs from Endeavor Airlines, a subsidiary of Delta Airlines. The aircraft will be completely refurbished at C&L’s Bangor, Maine, facility adjacent to Bangor International Airport.

“This reinforces our position as the premiere re-marketing company in the world for Saab 340s,” said C&L CEO Chris Kilgour. C&L has completed over 30 transactions of Saab 340 aircraft in the last two years.

Rockton, which in 2011 became the largest independent Saab lessor after purchasing a portfolio of aircraft on lease across Europe, has a longstanding history of investing in Saab340s, the world’s best selling 30-seat turboprop.

“There are over 400 operational Saab aircraft flying in over 30 countries with 99% dispatch reliability at very attractive economics,” said Robert Kuller, a Partner at Rockton, “so we are pleased to continue our commitment to the type.”

Beginning this summer, C&L will be able to paint the refurbished Saabs on-site as well in a new, $5-million, 120,000 sq-ft facility.

“We offer a one-stop service center for regional aircraft owners around the world,” Kilgour said. “Together with our vast in-house expertise, innovative ‘Customer Center,’ and an on-site warehouse, C&L saves customers costly aircraft downtime and ferry flights.”

The aircraft are co-managed by C&L Aerospace and Rockton. C&L Aerospace will be marketing a number of the Saab 340s for sale or lease.

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ABOUT C&L AEROSPACE: C&L Aerospace is an industry leader in servicing, maintaining, and supporting carriers in the regional aviation industry. In addition to aircraft and engine sales and leasing programs, C&L Aerospace offers parts support, heavy maintenance, interior refurbishment, aircraft teardown, disassembly services, aircraft painting, and aircraft management. C&L Aerospace is headquartered in Bangor, Maine, with international offices in Australia and Europe. http://www.cla.aero.

ABOUT ROCKTON AB: Rockton acquires and manages investments in various regional aircraft types, leasing them to airlines around the world. In operation since 1998, Rockton has placed aircraft with over 40 airlines in 25 countries and is the largest independent lessor of Saab’s. Rockton has offices in Europe and North America. http://rocktonman.com


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