Aircraft Engine Lease Finance, Inc. (AELF) has purchased a Boeing 737-800, manufactured in 2016, from South African bank Nedbank through its entity New Heights Leasing No 8 Limited. This acquisition aligns with AELF’s strategic focus on high-quality, dormant aircraft. IBA Group Ltd., based in the UK, facilitated the transaction, showcasing its expertise in aviation asset management. Both AELF and Nedbank emphasized their commitment to enhancing the aviation sector. The newly acquired aircraft, previously operated by Comair, will be reintroduced into service with a robust lessee. The deal underlines AELF’s growing footprint in the 737NG market and highlights collaborative efforts to optimize aviation assets.
Aviation Leasing, Financial Services, Aviation Consulting,United States, South Africa, United Kingdom
https://www.newswire.com/news/aelf-acquires-737-800-in-transaction-with-nedbank-iba-22395640