Southwest Airlines enters sale/leaseback deal for 36 jets
Southwest Airlines said on Tuesday it had entered into a deal to sell and lease back 36 of its Boeing 737-800 aircraft from Babcock & Brown Aircraft Management, helping the carrier raise cash and ease the pressure on its balance sheet.
Southwest Secures Sale-Leaseback Deal For 36 Boeing 737-800s
Executing on a fleet strategy announced during its recent investor day, Southwest Airlines has entered into a sale-leaseback transaction for 36 Boeing 737-800s. The transaction with Babcock & Brown Aircraft Management (BBAM) was announced Jan. 7, with lease terms ranging from 26-37 months. The...
Southwest Airlines Announces Sale, Leaseback Agreement With BBAM For 36 Boeing 737-800 Aircraft
Southwest Airlines Co. (LUV) announced on Tuesday a sale and leaseback agreement with Babcock & Brown Aircraft Management (BBAM) for
SOUTHWEST AIRLINES AND BABCOCK & BROWN AIRCRAFT MANAGEMENT ("BBAM") ANNOUNCE THE SALE AND LEASEBACK OF 36 AIRCRAFT
Southwest Airlines Co. (NYSE: LUV) and BBAM today announced the sale and leaseback of 36 Boeing 737-800 aircraft. The aircraft will be owned and leased to Southwest Airlines by Incline Aviation III, the third in BBAM's flagship aviation investment fund series.
Southwest Airlines enters sale-leaseback deal covering 36 aircraft
Southwest Airlines (NYSE:LUV) announced on Tuesday the sale and leaseback of 36 Boeing 737-800 aircraft in a deal with Babock & Brown Aircraft Management, which is known as one of the world's leading aircraft lessors.
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Southwest Air Makes First Step to Extract Cash From Its Fleet
Southwest Airlines Co. will gain $92 million from selling and leasing back 35 of its Boeing Co. 737-800 aircraft, the first ...
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