SOUTHWEST AIRLINES AND BABCOCK & BROWN AIRCRAFT MANAGEMENT ("BBAM") ANNOUNCE THE SALE AND LEASEBACK OF 36 AIRCRAFT
Southwest Airlines Co. (NYSE: LUV) and BBAM today announced the sale and leaseback of 36 Boeing 737-800 aircraft. The aircraft will be owned and leased to Southwest Airlines by Incline Aviation III, the third in BBAM's flagship aviation investment fund series.