Editorial Comment

Worrying times for cash-strapped suppliers and Engine Lease Finance in yet another big deal

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Worrying times for cash-strapped suppliers and Engine Lease Finance in yet another big deal

Abu Dhabi’s Etihad Airways has mandated Sanad Aero Solutions and Engine Lease Finance Corp to finance its 23 spare engines in a sale-and-leaseback deal valued at $367m it was confirmed yesterday. The transactions are for a 10-year operating lease term. The financing is for 16 in-service spare engi...

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