Stellwagen orders C295

Aviation financier and lessor Stellwagen, a 100% subsidiary of Acasta Enterprises Inc., a Canadian public company (AEF), has signed a firm order for 12 Airbus C295 medium transport aircraft, in the first sale to a leasing company achieved by Airbus Defence and Space, which includes options for a further 12 aircraft. These will enable Stellwagen to address civil markets to serve the humanitarian sector, freight operators in austere environments, and government agencies such as search and rescue services. The C295 is a nine tonne capacity, ramp-equipped, medium transport and mission aircraft in-service with 28 operators in 25 countries.