Under sale and leaseback model, the airline sells its planes to a leasing company and then leases them back. This frees up the cash that the airline has spent in buying the aircraft.from Moneycontrol Business News https://ift.tt/KiXpjOD
Thursday, June 9, 2022
Akasa Air signs contract with Griffin for sale, leaseback of 5 Boeing 737 Max aircraft
Under sale and leaseback model, the airline sells its planes to a leasing company and then leases them back. This frees up the cash that the airline has spent in buying the aircraft.from Moneycontrol Business News https://ift.tt/KiXpjOD
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