Singapore Aircraft Leasing Enterprise inked a deal to purchase up to 40 737NGs from Boeing, comprising 20 firm orders and 20 purchase rights. Deliveries are scheduled to begin in the fourth quarter of next year and continue through 2009. SALE said it has specified the 737-800 as the baseline aircraft for the order but under terms of the deal can convert options and purchase rights to the 737-700 or the proposed 737-900X. All aircraft will be powered by CFM56-7B engines.

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