Finnair has made further progress with its fleet renewal financing, firming up a memorandum of understanding (MOU) with GECAS for the sale and leaseback of two Airbus A330s. The deal finalizes part of a commitment inked in December between GECAS and Finnair, although the sale and leaseback on a pair of A350s, which were included in the MOU is still under negotiation. “Agreements for these two [A350s] are expected to be concluded in H2 2015, when the first two A350s ordered by Finnair ...

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