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Fly Leasing acquires two 737s

13 December 2011

The lessor has also sold two Boeing aircraft from its portfolio.

Read more: Fly Leasing Boeing 737-800 Air China Korean Air 777-300ER Colm Barrington

Fly Leasing has purchased two Boeing 737-800s with leases attached for about $62 million. The aircraft are on lease to Air China and Korean Air.

The lessor financed the aircraft with unrestricted cash and new bank debt.

Fly Leasing has also sold two Boeing aircraft...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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