Viking Adds Two Series 400 Twin Otters to Singapore Airshow Sales Total
CAVU Aviation Finance Becomes Largest Twin Otter Series 400 Customer to Date
Singapore, February 14th, 2014: With the bustling 2014 Singapore Airshow show well underway,
Viking Air Limited of Victoria, British Columbia, Canada, was able to capture another multiple
aircraft sale of the Twin Otter Series 400, adding to an order book nearing 100 aircraft sold. CAVU
Aviation Finance LLC, of Palm Beach, Florida, USA, met with Viking late on Wednesday afternoon
to sign a contract for another two Twin Otter Series 400 aircraft, adding to their current aircraft
order list.
The additional two Series 400 brings the CAVU order tally (through its subsidiary Loch Ard Otters
LLC) to fourteen aircraft since program launch, making CAVU the largest Viking Twin Otter
customer to date. CAVU has already taken delivery of their first six aircraft, helping to launch the
Twin Otter Series 400 in Papua New Guinea, Tahiti, Turkey, Bangladesh, and the United Arab
Emirates.
“Loch Ard was one of the original launch customers for the Series 400 Twin Otter program, and
has returned to Viking on more than one occasion to increase their aircraft orders,” commented
David Curtis, Viking president & CEO. “We greatly appreciate the customer loyalty Loch Ard has
developed with Viking, and their continued confidence in the Series 400 Twin Otter.”
Said Matt Lorentzen, president of CAVU Aviation Finance LLC, “the Twin Otter 400 is the best
solution for customers requiring up to 19-passenger capacity in STOL and seaplane
configurations. As customer demand grows for new Twin Otter 400s, we are pleased to expand
our relationship with Viking with additional aircraft orders, extending our available delivery positions
from 2014 through 2016.”
CAVU Aviation Finance LLC (www.CAVUfinance.com) is an aircraft investment and finance
company with headquarters in Palm Beach, Florida, USA. Through its wholly owned subsidiary
Loch Ard Otters LLC, CAVU sells and leases Series 400 Twin Otters to customers worldwide.
With Viking aircraft sold and delivered to 23 countries worldwide, the Series 400 Twin Otter is
confirmed as the best-selling next generation turbo-prop aircraft in its class. Viking provides OEM
support for the worldwide fleet of de Havilland legacy aircraft (DHC-1 through DHC-7) and forms
part of Westerkirk Capital Inc, a Canadian private investment firm with substantial holdings in the
hospitality, aviation, and real estate sectors.