BAE Systems wins sale and leaseback mandate for Condor Flugdienst Boeing 757 fleet

BAE Systems announced that it has secured an agreement from Condor Flugdienst GmbH of Germany to provide exclusive remarketing services for the sale and leaseback of its fleet of 13 Boeing 757-300 airliners. All the aircraft will remain in operation with Condor, which has mandated BAE Systems specifically to remarket the fleet to financial institutions and leasing companies for sale and lease-back to the airline.