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Finnair enters engine sale-and-leaseback transaction with Engine Lease Finance Corporation

25-Sep-2009 10:52 AM

Finnair entered (24-Sep-2009) a sale-and-leaseback transaction with Engine Lease Finance Corporation (ELFC) covering one new General Electric CF6-80E1 spare engine. The list price is approximately EUR13 million, with the leasing agreement made for ten years. [more]