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flydubai signs sale/leaseback deal with Gecas

01 July 2009

Dubai’s first low cost carrier has agreed a sale/leaseback deal with Gecas for four 737-800s.

Read more: [flyfubai] [Gecas] [737-800] [Dubai]

flydubai, Dubai’s first low cost airline, has agreed a sale/leaseback deal with Gecas to finance four 737-800s, worth approximately $320 million at list prices.

The transaction covers aircraft due to be...


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This may change how Ex-Im works for the next twenty years.

Bob Morin, vice president of transportation division at Americas Export-Import Bank, says the bank will be guaranteeing alternative sources of financing.