Avolon closes American 777 sale and leaseback

London
Source: Flightglobal.com
This story is sourced from Flightglobal.com

Avolon Aerospace Leasing has completed the sale and leaseback transaction covering a new Boeing 777-300ER aircraft with American Airlines.

The aircraft (MSN 41668) was delivered on 28 January.

The transaction was approved by the US Bankruptcy Court for the Southern District of New York last October.

Avolon also closed the acquisition of a new Boeing 737-800 aircraft under a separate purchase and leaseback agreement with American. The aircraft (MSN 31161) is the third of a five-aircraft transaction.