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FTAI Aviation Acquires 27 Boeing 737-700 Aircraft From WestJet; Financial Terms Not Disclosed

BenzingaBenzinga Newsdesk

Under the transaction, FTAI’s 2026 SPV, the second investment vehicle of the Company’s Strategic Capital business, acquired 17 Boeing 737-700 aircraft on lease to WestJet in a sale-leaseback, and FTAI acquired 10

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  1. Globenewswire IncNa

    FTAI Acquires 27 Boeing 737-700 Aircraft from WestJet

    FTAI Aviation announced the acquisition of 27 Boeing 737-700 aircraft from WestJet, marking one of its largest aircraft transactions. The deal includes a sale-leaseback of 17 aircraft through FTAI's 2026 SPV (Strategic Capital's second investment vehicle) and the acquisition of 10 off-lease aircraft to support FTAI's Aerospace Products business, expanding its CFM56-7B engine supply.