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Air India Express Enters Engine Sale/Leaseback Deal with Willis Lease Finance

Air India Express, the budget airline subsidiary of India’s flagship carrier, has entered into definitive engine sale/leaseback agreements with Willis Lease Finance Corporation (WLFC), a prominent player in the aviation engine leasing market based in the US. This agreement pertains to 26 CFM56-7B engines installed on 13 of its Boeing 737-800 aircraft.

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