Air Berlin announced an agreement with GE Capital Aviation Services for the financing of 12 new aircraft, comprising five Airbus A320s, three A321s and four Boeing 737-800s, all equipped with CFM engines. This sale-and-leaseback transaction, worth $1 billion at list prices, is covering deliveries due in the first three quarters of 2012, according to the carrier. "Air Berlin has been one of our leading European customers for the past 10 years," said GECAS President and CEO ...

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