Stratos delivers 737-800 to SunExpress

Stratos has delivered a Boeing 737-800 on long term operating lease to SunExpress, a joint venture of Lufthansa and Turkish Airlines, in the frame of the airline’s continuous fleet expansion. This delivery comes around the same time as another delivery of a 737-800 from WSA to SunExpress.  The aircraft (MSN 39006) is owned by a Japan-based investor and was recently redelivered from Norwegian and transitioned to SunExpress following Stratos’ take-over of the aircraft as asset manager. This process involved oversight of the redelivery of the aircraft, sourcing replacement CFM56-7B engines, raising a senior loan from PK Airfinance, securing a new lessee, structuring and managing the MRO and ferry actions required to deliver the aircraft to Türkiye. “The Stratos team is delighted to welcome SunExpress as our newest airline partner,"" said Gary Fitzgerald, CEO of Stratos. “Reconstructing an aircraft which was the victim of a Covid-era restructuring has been an immense challenge and showcases the exceptional skills of our technical, legal, structuring, financing and commercial teams. In this respect, the SunExpress team has been extremely professional and collaborative and we look forward to a long and successful relationship.”