WestJet finalises aircraft leasing agreement with BOC Aviation.
WestJet (Toronto:WJA.TO) has finalised a term sheet with BOC Aviation Pte Ltd (BOC Aviation), formerly known as Singapore Aircraft Leasing Enterprise (SALE), for three Boeing Next-Generation 737 aircraft to be delivered in 2010.
WestJet also said details of the agreement include two 700-series aircraft scheduled for delivery in January and June 2010, respectively, and one 800-series aircraft to be delivered in May 2010.
Additionally, the BOC Aviation agreement allows WestJet to secure an additional two 700-series and one 800-series aircraft in 2011. The 700-series may be converted to 800-series at WestJet's option. The carrier said that finalisation of the transaction is subject to a number of conditions.
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|Title Annotation:||BOC Aviation Pte Ltd|
|Publication:||Airline Industry Information|
|Article Type:||Brief article|
|Date:||Jul 18, 2007|
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