WestJet Begins 737-700 Retirement as FTAI Acquires 27 Aircraft

WestJet begins 737-700 retirement as FTAI acquires 27 aircraft

WestJet said it has officially begun retiring its fleet of its Boeing 737-700 after FTAI Aviation acquired 27 aircraft operated by the Canadian airline.

FTAI Aviation buys 27 Boeing 737-700 planes from WestJet (FTAI:NASDAQ)

FTAI Aviation buys 27 Boeing 737-700s from WestJet, including a major sale-leaseback deal.

WestJet begins Boeing 737-700 retirement with sale of 27 aircraft to FTAI

Seventeen jets will remain in service under lease agreements, while ten will provide CFM56-7B engines and components

FTAI buys 27 Boeing 737-700s from WestJet

FTAI Aviation has acquired 27 Boeing 737-700 aircraft from Canadian airline WestJet in one of its largest aircraft transactions to date, the companies said on Monday. Under the deal, FTAI’s 2026 special purpose vehicle (SPV), the second investment vehicle of its Strategic Capital business, acquired 17 737-700s leased to WestJet under a sale-and-leaseback arrangement. FTAI […]