Finland flag carrier Finnair has finalized a sale-and-leaseback agreement with GE Capital Aviation Services for one Airbus A350 XWB. The initial lease term is 12 years, with extension options. Finnair said the arrangement has had a positive effect of approximately €50 million ($52.6 million) on the Helsinki-based carrier’s operating results for 2Q 2017, comprising a gain on sale and currency gains on pre-delivery payments and hedges. Following the arrangement, Finnair said it ...

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