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.
January 07, 2025 | 12:45 pm
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Southwest Airlines has sold and leased back 36 Boeing 737-800 aircraft through a deal with BBAM, enhancing liquidity and operational flexibility.
The sale and leaseback agreement allows Southwest Airlines to free up capital while maintaining operational control of the aircraft, which is generally seen as a positive move for liquidity and flexibility. This could lead to a short-term positive impact on the stock price.
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