SAS finances 7 Boeing 737
April 28, 2017 11:30
SAS has today completed financing of seven Boeing 737, which previously were owned. The financing is undertaken through a so called Japanese Operating Lease with Call Option (JOLCO).
The transaction will not have any earnings impact. The value of the transaction corresponds to MUSD 101 and the cash has been transferred to SAS during the second quarter 2016/2017.
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