American Airlines entered (15-Jul-2011) into a sale-leaseback arrangement with AerCap to finance up to 35 B737-800 Next Generation aircraft, including 29 firm deliveries. Of the 29 firm deliveries, 26 are previously ordered aircraft and three are new. The arrangement also covers six B737-800 Next Gen aircraft subject to purchase rights that, if exercised by American, would be scheduled for delivery in 2013 – 2014. AerCap will purchase the aircraft from American and immediately lease the aircraft back to American under a sale-leaseback financing arrangement. Updating its previously announced fleet schedule, American has exercised an option to purchase three additional 737-800 Next Generation aircraft. As of 01-Jul-2011, it's B737-800 delivery schedule is: 2011: 15, 2012: 28, 2013: 14 [more - American Airlines] [more - Aercap]
American Airlines enters into sale-leaseback arrangement with AerCap
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