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Airborne Capital announces Boeing B767-300BCF lease with Geosky Airlines

1. Airborne Capital leases a Boeing B767-300BCF to Geosky Airlines. 2. This marks Airborne's entry into the widebody freighter market.

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FAQ

Why Bullish?

Leasing jets to a growing cargo airline indicates demand. Similar past deals often led to favorable stock movements for manufacturers.

How important is it?

The lease highlights operational success and demand for freighters, crucial for BA's business outlook.

Why Short Term?

Immediate income from leasing may influence Boeing's quarterly revenues positively.

Related Companies

DUBLIN--(BUSINESS WIRE)--Airborne Capital, a leading global aircraft asset manager, is delighted to announce the placement and delivery on long term lease of one Boeing B767-300BCF widebody freighter with Geosky Airlines of Georgia. Geosky is an established and growing cargo airline founded in 2017. The undertaking marks Airborne Capital's first foray in the widebody freighters market and its first transaction with Geosky Airlines. It also marks the first of several 767 freighter units that Air.

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