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SAS closes sale & lease back agreement for 19 aircraft engines

Stockholm, Sweden - A 120-million-dollar operation

As part of the recently launched plan to improve the financial position of Scandinavian Airlines (SAS) Group, "4 Excellence Next Generation" (4XNG), the North-European company has signed an agreement for the sale and leaseback of 19 spare engines. There are two buyers: San Francisco-based Willis Lease Finance Corporation and Dublin-based Willis Mitsui Engine Support. The actual transactions are...

AVIONEWS - World Aeronautical Press Agency - 1150213

AVIONEWS - World Aeronautical Press Agency
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