Flydubai announced it reached eight year sale/leaseback agreements worth more than $750 million with GECAS and Babcock and Brown Aircraft Management, covering nine yet-to-be-delivered 737s. The agreements will secure the carrier's financing requirements until June 2011. The agreement with GECAS covers six aircraft, while the one with BBAM is for three. GECAS has previously financed four aircraft for Flydubai and BBAM three. "When we went out to the markets this time to seek ...

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