Saab Aircraft Leasing reports five aircraft transactions

Saab Aircraft Leasing (SAL) has announced five transactions of Saab aircraft with a total value of approximately $60m (£38.5m).

The transactions will generate a capital gain of approximately SEK100m (£9.3m), of which SEK40m will be recorded in the fourth quarter of 2011 and SEK60m in the first half of 2012.

The transactions include the sale of aircraft from SAL’s European portfolio to Rockton Aviation (Sweden), Silver Airways (US), AeroCentury (US) and Alandia Air (Finland).

Some deliveries took place in the fourth quarter of 2011 and the remainder will take place in first half of 2012.