British Aerospace Asset Management - Turboprops (AMT) is forecasting a record performance this year, with projections that it will generate $120 million in sublease revenue and $15 million in Jetstream 31 sales.
AMT has 437 aircraft in its portfolio, with 80% of the fleet now in service. After achieving a strong first-half performance so far this year, the company believes that it will beat 1996's record of 63 aircraft placements.
AMT executive vice-president Stephen O'Sullivan says that the recent decision to stop Jetstream 41 production will not have an adverse affect on operations.
Source: Flight International