AERO TRADING GROUP Corp

Flydubai completes sale-leaseback of two 737 MAX 8

Flydubai completes sale-leaseback of two 737 MAX 8Flydubai completes sale-leaseback of two 737 MAX 8

Flydubai has completed the sale and leaseback of two Boeing 737 MAX 8 aircraft with Novus Aviation Capital, with a list price of over US$240 million. The two aircraft were delivered to flydubai at the end of June 2021. Commenting on the transaction, Ghaith Al Ghaith, Chief Executive Officer of flydubai, said: “We would like to thank the team at Novus Aviation Capital for the support that they have extended to us for the sale and leaseback for the two Boeing 737 MAX 8 aircraft delivered in June.  Sale and leaseback is integral to our financing strategy and although this is

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