Air Transport World

Flydubai.(LEASING & FINANCE BRIEFS)(Gecas)(Brief article)

Flydubai reached eight-year sale/leaseback agreements worth more than $750 million with GECAS and Babcock and Brown Aircraft Management covering nine yet-to-be-delivered 737s. The agreements will secure the carrier's financing requirements until June 2011. The accord with GECAS covers six aircraft while the one with BBAM is for three. …

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