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FTAI Aviation Acquires 27 Boeing 737-700 Aircraft from WestJet

Guavy AI Editorial Team
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FTAI Aviation Ltd. (NASDAQ: FTAI) announced its largest aircraft transaction to date, acquiring 27 Boeing 737-700 aircraft from WestJet.

The acquisition includes a sale-leaseback of 17 Boeing 737-700 aircraft with Strategic Capital's second investment vehicle, and the purchase of 10 off-lease Boeing 737-700 aircraft to support FTAI's Aerospace Products business.

FTAI's President David Moreno stated that this transaction demonstrates how their Strategic Capital and Aerospace Products businesses work together to offer airlines comprehensive fleet solutions.

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