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LUTON The British low-cost operator easyJet has announced yet another sale and leaseback transaction. According to the agreement reached with the Dublin-based lessor SMBC Aviation Capital, the carrier will sell and lease back ten A320 family jets.


The British low-cost carrier said in its annual fiscal presentation that the transaction will generate USD368.8 million cash in total for the airline. The British operator did not reveal the duration of the leaseback.

"Following this transaction, we retain ownership of 55% of the total fleet, with 37% unencumbered. We are not currently considering any further sale and leaseback transactions on the scale of those undertaken in recent months," easyJet said.

Prior to the transaction easyJet owned forty-six A319-100s, 132 A320-200s, 31 A320neos, and seven A321neos. Among its dry-leased aircraft, seven (one A319 and six A320neo) are owned by SMBC.#

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