SKYFLYER
PAGE 24
NEW AT NORTHERN.
O ur new page on informing all our member on the commings and going of our virtual
airline.
NORTHERN SIGNS EXCHANGE DEAL WITH WESTAIR
N orthern Regional VA is proud to announce it has signed a deal with WestAir Virtual to
buy six Embraer E195 aircraft, with the transfer of its recently completed deal to buy
Bombarider CS100 aircraft now going to WestAir, the deal will see 6 nearly new E195
being transferred from the end of May, with the final aircraft arriving in November of this
year.
CEO James Whittlefield would like to explain why he took the decision to exchange these
aircraft so soon after completing a significant deal with an aircraft manufacturer.
“Most of our staff will know that we recently signed a deal with Bombarider for 10 CS100
aircraft, and an option 25 more, however on announcing this deal our share price has
plummeted, it was realised that these aircraft where too big, too expensive to maintain,
operate and lease, it was therefore our decision to go back to the aircraft manufacturer to
cancel the deal, however this was not possible due to financial penalties, therefore we went
about looking for a deal to buy aircraft similar to what we already had, for agood deal, and
an airline that would be happy to take our CS100 order.”
WWW.NORTHERNVIRTUAL.WEEBLY.COM