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Sunday, 13 July 2014

Viking Series 400 News from Farnborough

Montrose Global LLP to Purchase Five Viking Series 400 Twin Otters

Farnborough, England, July 14th, 2014: Viking Air Limited of Victoria, British Columbia, and Montrose Global LLP of London, England, have signed a proposal for the purchase of five Twin Otter Series 400 aircraft, making Montrose the first customer for the type in the United Kingdom.

The deal for the five Twin Otter Series 400, to be offered by Montrose to airlines on an operating lease basis, is expected to be finalized in the coming weeks. The aircraft will be offered in a variety of configurations, including amphibious float provisions, and are scheduled for delivery starting in late 2015 through 2016.

“Global demand for the Twin Otter continues to be robust, attracting an increasing level of interest from the aircraft leasing community who recognize the outstanding value proposition of an aircraft with worldwide market acceptance,” said Richard Libby, Viking Director of Aircraft Sales. He added, “The Twin Otter has a long history of exceptionally strong residual value and worldwide market acceptance, making it an ideal asset to offer on operating leases. It is clearly the class leader in its category, and we are extremely excited by the opportunity to make the aircraft available to lease customers around the globe through Montrose.”
About Montrose Global LLC:

Montrose is an alternative asset based investment and management company focused on the leasing and financing of large ticket assets, private equity and real estate development. Montrose has made investments in the private aviation, real estate, energy saving and leisure sectors, with a main focus in the aviation market in turboprops and regional jets.

Bob Crowe Aircraft Sales to Become Exclusive Twin Otter Series 400 Sales Rep

Farnborough, England, July 14th, 2014: Viking Air Limited of Victoria, British Columbia, has assigned Bob Crowe Aircraft Sales Ltd. of Bedford, England, to become the exclusive sales representative for the Viking Twin Otter Series 400 and Guardian 400 aircraft in the United Kingdom.

Bob Crowe Aircraft was selected as the ideal candidate to represent the Series 400 Twin Otter in the UK due to their extensive hands-on experience with a wide variety of twin engine, turbine, and amphibious equipped aircraft, including the legacy de Havilland Twin Otter. In addition, their in-depth knowledge of special missions aircraft and government procurement policies will be an asset to representing the Twin Otter Guardian 400, the military variant of the Series 400.

“Bob Crowe Aircraft has an excellent reputation in the aviation community,” commented Evan McCorry, Viking vice president of International Sales & Marketing. “We are confident that their focused team of aviation professionals has both the depth and scope to manage all stages of the customer sales experience, which in turn will reflect positively on Viking.”

About Bob Crowe Aircraft:

Located at Cranfield Airport, 50 miles north of London, Bob Crowe Aircraft Sales Ltd. is a family owned and operated company with over 50 years of experience in all aspects of the aviation industry, including aircraft sales, test flying, engineering, and after-sales support.