2 March 2009

BOC Aviation concludes purchase and leaseback deal with Virgin Blue

BOC Aviation has closed a purchase-and-leaseback (PLB) deal with Virgin Blue Airlines for one late-2008 vintage aircraft and three new Boeing 737-800 aircraft. The aircraft will be leased for an average lease term of 10 years, with delivery of the three new aircraft scheduled for the fourth quarter of this year. Virgin Blue, Australia

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