NEW YORK, Oct 6 (Reuters) - German charter carrier Blue Wings AG bought five Airbus A320 aircraft from discount U.S. airline JetBlue Airways Corp. (JBLU.O: Quote, Profile, Research), which was selling the planes to cut costs, Blue Wings spokesman Frank Lorentz said on Friday.
JetBlue spokeswoman Jenny Dervin said all the planes would be on their way to their new owner by mid-November.
Representatives of the airlines declined to comment on financial details of the deal.
In July, JetBlue said it expected a gain of about $6 million from the sale of the planes in the third quarter. New York-based JetBlue is selling the planes to cut capacity as part of a turnaround plan.
Blue Wings, a three-year-old carrier based in Duesseldorf, plans to start scheduled service next year. This summer, it ordered 20 Airbus A320 planes for $1.4 billion.
[Edited 2006-10-07 08:34:41]
[Edited 2006-10-07 08:35:05]