SOUTHWEST AIRLINES AND BABCOCK & BROWN AIRCRAFT MANAGEMENT ("BBAM") ANNOUNCE THE SALE AND LEASEBACK OF 36 AIRCRAFT
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Southwest Airlines has entered into a sale and leaseback agreement with BBAM for 36 Boeing 737-800 aircraft. The aircraft will be owned by Incline Aviation III and leased back to Southwest Airlines.
January 07, 2025 | 12:00 pm
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POSITIVE IMPACT
Southwest Airlines has agreed to a sale and leaseback deal for 36 Boeing 737-800 aircraft with BBAM, which will be owned by Incline Aviation III.
The sale and leaseback agreement allows Southwest Airlines to free up capital while maintaining operational control of the aircraft. This is a positive financial strategy, likely to be viewed favorably by investors.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90