SGI Aviation negotiates a 60-month lease extension

SGI Aviation, on behalf of one of it’s clients, has successfully agreed a 60-month lease term extension on a Boeing 777-300ER operated by UAE based carrier. The expiry date for the lease has been extended from September 2022 to September 2027. The GE90-115B-powered aircraft was delivered to the airline during 2012.

Ted van Zundert, Aircraft Sourcing & Remarketing Manager, SGI Aviation describes the airline as a strategic customer and says the renewal demonstrates its ability to proactively address lease maturities, even in this challenging atmosphere.