Japan Air Lines (JAL) has exercised options on two Bombardier CRJ200s for domestic subsidiary J-Air, which will now receive four of the 50-seat regional jets. Deliveries begin later this year and will continue to mid-2002. JAL has options on three more CRJ200s. Japan's Nagasaki Airways has ordered a second Bombardier Dash 8 Q200. The first of the 39-seat regional turboprops will be delivered in the first quarter of next year and the second in the fourth quarter. Alitalia has concluded the sale and leaseback of 15 of its older Boeing MD-80s in a deal worth an estimated L400 billion ($177 million). Ten of the aircraft have been sold to Aergo Capital, and five to TARA Aerospace - a company recently set up by former GPA executive Tony Ryan. The airline is meanwhile offering the six remaining ATR 42s operated by Alitalia Express for sale as it rationalises its fleet. Greek regional Axon Airlines has placed orders for four Embraer ERJ-145s. Three aircraft will be delivered early next year, with the fourth aircraft due in late 2001. El Al has sold one of its 747-200 Convertibles to South African carrier Hydro Air for $13.5 million. America West has extended its leases with Boullion Aviation Services on four Boeing 737-300s for up to five years. Korean Air has concluded a $114 million deal with CIT Aerospace regarding the lease of three 737-800s for delivery next year. LanChile has received the first of 25 Airbus A320s on order. Four A320s will be delivered this year to replace Boeing 737s.

Source: Flight International