€422m sale and leaseback deal between Ryanair and RBS

Ryanair has entered into a sale and leaseback agreement for up to 10 Boeing 737-800 next generation aircraft with RBS Aviation Capital a subsidiary of Royal Bank of Scotland.

€422m sale and leaseback deal between Ryanair and RBS
Tue, 09 Dec, 2003 - 14:43

Ryanair has entered into a sale and leaseback agreement for up to 10 Boeing 737-800 next generation aircraft with RBS Aviation Capital a subsidiary of Royal Bank of Scotland.

The 10 aircraft have a total value of $518m (€422m) and will be delivered between December 2003 and March 2004.

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CourtsHeathrowPerson: Chief Financial OfficerPerson: Deputy Chief ExecutivePerson: Howard MillarOrganisation: RyanairOrganisation: RBS RyanairOrganisation: RBS Aviation CapitalOrganisation: Royal Bank of ScotlandOrganisation: Royal Bank of Scotland GroupOrganisation: Ulster BankOrganisation: Bank of US
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