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CIAF Leasing closes first transaction
14 October 2011
The Egyptian joint venture has leased one 737-800 to a UK travel company.
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Civil Aviation Finance Leasing (CIAF Leasing)
DVB Bank
Boeing 737-800
TUI Travel
Aviation Capital Group's (ACG)
Donal Hanley
Civil Aviation Finance Leasing (CIAF Leasing) and DVB Bank have closed an operating lease finance for one 2011-vintage Boeing 737-800. The transaction, which closed on October 6, is the first deal CIAF Leasing has closed since the company launched in June 2009.
The aircraft is on lease to TUI Travel for about seven and a half years. The 737-800, which is about six months old,...
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