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Baku-Dubai flightsâ€™ pasengers to be offered pastime in aircraft

24 September 2010 14:23 (UTC +04:00)

Baku. Nijat Mustafayev - APA-Economics. Flydubai, Dubai’s first low cost airline, has announced aircraft financing worth more than $750mln in deals with GECAS (General Electric Capital Aviation Services) and BBAM.

The financing will take care of the next nine aircraft flydubai is due to receive and secures all the airline’s financing requirements until June 2011.

Both deals are eight year term sale and leaseback agreements. The agreement with GECAS is for six aircraft, taking the total number of flydubai aircraft GECAS finances to 10. BBAM are adding another three aircraft to make their total commitment six.

Flydubai began commercial flights on June 1, 2009. Since then the airline has grown to a fleet of nine B737-800NG aircraft operating to 22 destinations within a five hour flight radius of Dubai. Four more aircraft are due to be received before the end of this calendar year. These will be the new Boeing Sky Interior 737-800NG and will be fitted with the revolutionary new type of in-flight entertainment system from Lumexis that the airline announced earlier this year.