Singapore Aircraft Leasing Enterprise will lease two new 737-800s to Shandong Airlines for 10 years each. Aircraft will be delivered from Boeing in the first half of 2007. It is Shandong's first contract with SALE, which has 30 dash 800s on firm order. Separately, SALE named former GECAS Singapore VP and Regional Manager-Structured Finance-Asia David Farrell as head of risk management.

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