White Stag signs deal to acquire seven Boeing 737-400 aircraft

White Stag Aircraft Leasing commits to acquire seven mid 1990’s vintage aircraft from TLA Holdings. The transaction will phase out the existing Boeing 737-400 aircraft that will be replaced by new generation 737’s. White Stag, Chairman and Private Equity Investor, John C. Green commented that the acquisition comes at a unique time when the supply and demand for AirLift and Cargo configured Aircraft have yet to peak. Mr. Green indicated that four Aircraft will be immediately destined for conversion facilities as soon as deliveries are complete, likely over the next 60-90 days.