FlyDubai agrees $320m deal with Avolon

04 November 2010

FlyDubai has announced the signing of sale and leaseback agreements with Avolon Leasing Group on four Boeing 737-800 aircraft valued at $320m. In addition to other recently announced deals with GECAS and BBAM to finance nine aircraft, this latest deal secures Flydubai's needs through to December 2011. Avolon launched in May 2010 and has a fleet valued in excess of $2bn.

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