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Old 1st Aug 2012, 09:19
  #1278 (permalink)  
LGS6753
 
Join Date: Jul 2003
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Travel Mole reports:

Thomas Cook has completed the sale and lease back of 19 aircraft raising more than $294million - £187million - to strengthen its financial position.


The move was first announced on 11 May 2012 and will be used to increase liquidity.


The operator announced the sale and leaseback of 11 Boeing 757 aircraft and 8 Boeing 767 aircraft is now complete following delivery of the final group of aircraft.
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