Thomas Cook airline sale finalised
Thomas Cook has completed the sale and lease back of 19 aircraft raising more than $294million – £187million – to strengthen its financial position.
The move was first announced on 11 May 2012 and will be used to increase liquidity, see previous story.
The operator announced the sale and leaseback of 11 Boeing 757 aircraft and 8 Boeing 767 aircraft is now complete following delivery of the final group of aircraft.
Diane
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