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Stock Market & Financial Investment News

News Breaks
March 4, 2013
08:24 EDTWLFCWillis Lease signs 19 engine sale, leaseback deal with Scandanavian Airlines
Willis Lease Finance announced that it has entered into a transaction to purchase and leaseback a total of 19 jet engines with SAS Group subsidiary Scandinavian Airlines. Willis Lease will purchase 11 of the engines and Dublin-based Willis Mitsui & Co Engine Support Limited will purchase the remaining 8 engines. The purchase leaseback transaction is valued at approximately $120M and is scheduled to be completed by the middle of March.
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