EuroAtlantic Airways (EAA), a prominent portfolio company of Njord Partners, has successfully completed a formal acquisition of two Boeing 777-200ER aircraft. The Portuguese wet-lease and charter specialist will employ the aircraft to further develop its long-haul capabilities.
This recent investment elevates EAA’s fleet to a total of five Boeing aircraft, substantially reinforcing its competitive position in the dynamic global aviation marketplace.
Boosting Long-Haul Service Capability
EAA broadly aims to expand its long-haul service offerings, dramatically enhance operational efficiency, and deliver an elevated customer experience.
The strategic procurement ensures sustained capacity on key international routes while simultaneously supporting the company’s ambitious long-term growth strategy.
Stewart Higginson, CEO and Chairman of EAA, provided insights into this investment. “These three-class, long-range Boeing 777 aircraft epitomize technological excellence in modern aviation.”
“Characterized by exceptional reliability and passenger comfort, these aircraft represent more than just a fleet expansion. They are a strategic asset that positions us to meet the evolving demands of the international travel market.”
Higginson further emphasized the deliberate choice of aircraft acquisition. “We’ve been operating these specific aircraft for over a year, which provided us comprehensive insights into their performance and potential. This familiarity allows us to integrate them seamlessly into our existing operations, ensuring minimal disruption and maximum operational efficiency.”
About euroAtlantic Airways
euroAtlantic Airways is a Portuguese airline specializing in ACMI and charter solutions, operating a diverse fleet of aircraft. Headquartered in Carnaxide and based at Lisbon Airport, it offers charter services, wet-lease, and Ad-Hoc flights across the globe. The operator has served 719 Airports in 176 countries in 30 years of operations.
With over three decades of expertise in the aviation industry, EAA has established itself as a global leader in providing ACMI (Aircraft, Crew, Maintenance, and Insurance) and Charter solutions.
Over the years, the operator has earned a reputation for delivering tailored services that meet the unique needs of its clients, with a continued focus on safety, efficiency, and innovation. euroAtlantic Airways is majority owned by Njord Partners.
Building on a 30 Year Legacy
With an impressive three-decade legacy, the carrier has built a robust reputation by serving a diverse array of clients, including aircraft operators, corporations, and governmental entities.
“Our mission transcends mere transportation,” Higginson explained. “We are committed to creating exceptional aviation experiences that build lasting relationships with our clients. Every flight represents an opportunity to reinforce the trust our international clientele has placed in us.”
This strategic aircraft acquisition underscores EAA’s sophisticated approach to business growth. By carefully selecting high-performance aircraft that align with market demands and operational requirements, the company continues to write its success story in the competitive global aviation sector.
The Boeing 777 acquisition is a promising indication of the company’s future trajectory in the international aviation marketplace.
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