8/5/1983 - (WAIR) - CORPORATE ANNOUNCEMENT
Western Airlines (WAIR) has announced the sale of 14 aircraft this week. The total purchase price is believed to be approximately $91 million. All of the aircraft are expected to be delivered early next calendar year. WAIR also agreed to divest five spare engines associated with the aircraft. The sales are in line with the company’s strategy of selling off older planes in order to invest in new, more modern aircraft.