SAN FRANCISCO, May 14 /PRNewswire-FirstCall/ -- Babcock & Brown
Aircraft Management LLC, the world's fifth largest lessor of commercial
aircraft, today announced it has leased aircraft to three airlines.
Aeroflot Don, based in Russia, leased one ex-British Midland Boeing
B737-500 for a term of five years. The aircraft, MSN 25160, is powered by
CFM56-3C1 engines. The aircraft was delivered in March 2008.
Aeroflot Nord, based in Russia, leased one ex-CSA Boeing B737-500 for a
term of five years. The aircraft, MSN 25065, is powered by CFM56-3C1
engines. The aircraft was delivered in April 2008.
Transavia.com, based in the France, took delivery of one new Boeing
B737-800 with a lease term of six years. The aircraft, MSN 29650, is
powered by CFM56-7B24 engines. It was delivered in April 2008.
About Babcock & Brown Aircraft Management
Babcock & Brown Aircraft Management LLC (BBAM) manages the world's
fifth largest commercial jet fleet by value and has more than 17 years of
experience in aircraft origination and disposition, remarketing, leasing
and technical management. BBAM, a division of Babcock & Brown, serves as an
aircraft lessor, lease manager and remarketing agent. BBAM has a fleet of
over 280 commercial aircraft with a total value of more than $7.3 billion
that are leased to 72 airlines in 31 countries around the world. BBAM is
the servicer of Babcock & Brown Air (NYSE: FLY).
About Babcock & Brown
Babcock & Brown is an international investment and specialized fund and
asset management group with longstanding capabilities in structured finance
and the creation, syndication and management of asset and cash flow-based
investments. Babcock & Brown was founded in San Francisco in 1977 and is
listed on the Australian Securities Exchange.
Babcock & Brown operates from 30 offices across Australia, North
America, Europe, Asia, United Arab Emirates and Africa and has in excess of
1,400 employees worldwide. Babcock & Brown has four operating divisions
including real estate, infrastructure, operating leasing, corporate and
structured finance.
The company has established a funds management platform across the
operating divisions that has resulted in the creation of a number of
focused investment vehicles in areas including real estate, renewable
energy and infrastructure. For further information about Babcock & Brown
please see our website: http://www.babcockbrown.com.
Further Information:
Matt Dallas
Babcock & Brown
+1 212-796-3918
matt.dallas@babcockbrown.com
SOURCE Babcock & Brown Aircraft Management LLC
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Related links:
http://www.babcockbrown.com/
CONTACT:
Matt Dallas of Babcock & Brown,
+1-212-796-3918, matt.dallas@babcockbrown.com
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