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flydubai signs sale/leaseback deal with Gecas

01 July 2009

Dubai’s first low cost carrier has agreed a sale/leaseback deal with Gecas for four 737-800s.

Read more: [flyfubai] [Gecas] [737-800] [Dubai]

flydubai, Dubai’s first low cost airline, has agreed a sale/leaseback deal with Gecas to finance four 737-800s, worth approximately $320 million at list prices.

The transaction covers aircraft due to be...


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If you are looking to raise equity, this is the one part of the world where you’re chances are going to be better.

Mark Elliott, manager, Sahaab Leasing, on the benefits of starting a leasing company in the Middle East.