GECAS announced Friday that it reached agreement with Emirates on the purchase/leaseback of eight GE90-115B engines. EK Senior VP-Corporate Treasury Brian Jeffery noted that the deal is the carrier's "first engine sale and leaseback transaction and is important for Emirates in that it gives us a great deal of operational flexibility for a significant part of our engine fleet." GECAS also reached a sale/leaseback agreement with Air Berlin covering four CFM56-powered A320-200s scheduled for ...

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