Finnair seals sale and lease of A330s

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Finnair has finalised the sale and leaseback of two Airbus A330s, a transaction originally disclosed at the end of last year.

The carrier revealed on 13 December 2013 that it had signed a memorandum of understanding with lessor GECAS covering the A330s and two of the A350s which Finnair has ordered.

Completion of the sale and leaseback of the A350s is expected in the first half of 2015, when the jets are delivered, says Finnair.