Babcock & Brown Aircraft Management delivers Boeing 737-800 to Transavia

Babcock & Brown Aircraft Management reported the delivery of a new Boeing 737-800 aircraft to Transavia France on March 4, 2008, at Boeing Field in Seattle, Washington. The aircraft is the third of five new Boeing 737-800 aircraft that BBAM and its partner, Nomura Babcock & Brown Co., Ltd., have agreed to lease to Transavia France. The delivery of the first two aircraft occurred in May and June of 2007 and the final two aircraft are scheduled to be delivered in April and May of 2008.