Saturday, July 7, 2012

Emirates and ILFC sign deal for sale/leaseback of 4 777-300ERs

Emirates 777-36N(ER) (37703/755) A6-ECM rotates from Rwy 25R at Los Angeles International Airport (LAX/KLAX) on December 8, 2011.
(Photo by Michael Carter)

International Lease Finance Corp. (ILFC) and Emirates Airline have signed a sale and leaseback agreement for four new Boeing 777-300ER aircraft. Deliveries are scheduled to begin this month and will be completed by January 2013.

“ILFC already leases to Emirates a significant number of 777 aircraft, a proven and valuable aircraft in its fleet. It is important for us to build on our relationship with Emirates,” said Colin Bole, ILFC Head of Europe, Middle East and Africa.

(Linda Blachly - ATWOnline News)

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