Southwest Airlines Sale and Leaseback of 36 Boeing 737-800 with BBAM

Zdjęcie: southwest-airlines-sale-and-leaseback-of-36-boeing-737-800-with-bbam

DALLAS- Southwest Airlines (WN) has executed a sale-leaseback agreement with BBAM for 36 Boeing 737-800 aircraft through BBAM’s Incline Aviation III investment fund.

The transaction forms a crucial component of Southwest’s “Southwest. Even Better.” transformation strategy announced during their September Investor Day.

Photo: Aero Icarus | Flickr

Southwest Airlines Boeing 737

The agreement enables Southwest Airlines to generate substantial capital by monetizing surplus value from their existing Boeing 737 fleet. These funds will support fleet modernization initiatives and offset capital expenditures, aligning with the airline’s broader capital allocation strategy.

BBAM President and CEO Steve Zissis emphasizes this partnership’s significance with Southwest Airlines, highlighting BBAM’s ability to provide customized fleet financing solutions. The transaction represents BBAM’s third major aviation investment fund series through Incline Aviation III.

Southwest Airlines Executive Vice President and CFO Tammy Romo confirms that this agreement advances the airline’s strategic transformation plan. The partnership with BBAM, a leading global aircraft lessor, strengthens Southwest’s financial position while maintaining operational flexibility.

The complete transaction details have been disclosed in Southwest Airlines’ Form 8-K filing with the Securities and Exchange Commission.

Photo: Aero Icarus | Flickr

About Companies

BBAM stands as a global leader in aircraft leasing, managing over 500 aircraft while serving more than 100 airline customers across 50 countries.

The company maintains strategic offices in Dallas, San Francisco, Puerto Rico, Tokyo, Singapore, Zurich, and Dublin, employing over 150 aviation professionals worldwide.

As a comprehensive aircraft lessor, BBAM delivers specialized services encompassing aircraft origination, disposition, lease marketing, and technical maintenance. The company’s expertise extends to regulatory compliance, capital markets activity, tax structuring, legal services, contracts, and finance across all asset types.

BBAM distinguishes itself as the sole significant manager in its sector focusing exclusively on generating investment returns through third-party capital.

Southwest Airlines operates as a leading air carrier, serving 117 airports throughout 11 countries since its inception in 1971. The airline has evolved into the largest carrier of domestic nonstop travelers within the United States, employing more than 73,000 personnel and serving over 137 million passengers in 2023.

Stay tuned with us. Further, follow us on social media for the latest updates.

Join us on Telegram Group for the Latest Aviation Updates. Subsequently, follow us on Google News

Southwest Airlines Make Changes to Hawaii Flights for Summer 2025

The post Southwest Airlines Sale and Leaseback of 36 Boeing 737-800 with BBAM appeared first on Aviation A2Z.