Southwest Airlines (NYSE:LUV) shares are trading lower on Tuesday. The firm revealed a sale and leaseback deal involving 36 Boeing 737-800 aircraft. The aircraft will be owned and leased back to Southwest by Incline Aviation III, a fund managed by BBAM. According to a regulatory filing, the company has completed the sale-leaseback of 35 aircraft in late December 2024. Southwest has received gross proceeds of $871 million and expects to record re…

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Southwest Airlines Cashes In On Sale And Leaseback Of 36 Aircraft: Details - Southwest Airlines (NYSE:LUV)

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Southwest framed the deal as an "important step" in a multi-year "fleet monetization strategy" announced at its Investor Day in September, when executives revealed a "transformational plan" to improve the airline's financial performance.

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Southwest executes $871M sale-leaseback deal for jets

Southwest framed the deal as an "important step" in a multi-year "fleet monetization strategy" announced at its Investor Day in September.

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With Southwest Airlines gearing up to release its fourth-quarter earnings later this month, analysts expect a single-digit growth in quarterly earnings.

Barchart.com

Southwest Airlines’ Quarterly Earnings Preview: What You Need to Know

In a strategic move to raise operating capital, US low-fare carrier Southwest Airlines has finalised a sale-leaseback agreement with Babcock & Brown Aircraft Management (BBAM) for 36 Boeing 737-800 aircraft. The transaction, announced today (January 7), sees the ownership of the aircraft pass to Incline Aviation III, BBAM’s third flagship aviation investment fund, with Southwest immediately leasing them back. Tammy Romo, Executive Vice President…

LARA

Southwest Airlines signs leaseback deal on 36 Boeing 737-800s

Ishka can reveal at least six aircraft lessors plan to sell a portfolio of aircraft during the first half of 2025. This insight emerged from December’s aircraft buyers survey, where Ishka asked lessors about their sales plans for the coming period.

Ishka

The lessors looking to sell aircraft in 2025/ BBAM agrees 36 aircraft SLB

American airline Southwest Airlines has signed a sale and leaseback agreement with BBAM for 36 Boeing 737-800 aircraft through BBAM's Incline Aviation III investment fund. The transaction is an essential part of the “Southwest” transformation strategy. Even Better” by Southwest, announced on Investor Day in September, said Tammy Romo, executive vice president and chief financial officer of Southwest Airlines. The agreement allows Southwest Airli…

La compagnie américaine Southwest Airlines  a signé un accord de cession-bail avec BBAM pour 36 appareils Boeing 737-800 par l’intermédiaire du fonds d’investissement Incline Aviation III de BBAM. La transaction constitue un élément essentiel de la stratégie de transformation « Southwest. Even Better » de Southwest, annoncée lors de la Journée des investisseurs de septembre, a affirmé Tammy Romo, vice-présidente exécutive et directrice financièr…

Southwest Airlines conclut un accord de cession-bail pour 36 de ses Boeing 737

Air Journal

Southwest Airlines reaches a sale and leaseback agreement for 36 of its Boeing 737s

Southwest Airlines (NYSE: LUV) announced that it entered into a deal to sell and lease back 36 of its Boeing 737-800 aircraft to Babcock & Brown Aircraft

abbonews.com

Southwest Airlines Enters Sale/Leaseback Deal for 36 Jets

Southwest Airlines is selling 36 Boeing 737-800s and United Airlines is buying 18 Embraer E175s, as both carriers enter new sale and leaseback agreements.   in a statement and SEC filing on January 7, 2025, low-cost US carrier Southwest Airlines confirmed that it had entered a sale-leaseback transaction with Babcock & Brown Aircraft Management (BBAM).  Under the agreement, Southwest sold 36 Boeing 737-800s to BBAM, with the aircraft leased back …

aerotime.aero

Sale-leaseback: Southwest sells 36 737s, United buys E175s

Southwest Airlines has finalised a sale-and-leaseback agreement with BBAM for 36 Boeing 737-800 aircraft. The aircraft will now be owned and leased back to Southwest by Incline Aviation III, BBAM's third flagship aviation investment fund. This landmark transaction forms part of Southwest's “Southwest. Even Better.” plan, unveiled during Investor Day in September. By monetising surplus value from a segment of its all-Boeing 737 fleet, the airline…

Southwest Airlines Cashes In On Sale And Leaseback Of 36 Aircraft: Details - Southwest Airlines (NYSE:LUV)

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