Lion Air has completed the sale and leaseback of six 737-900ERs to Stellar Aircraft Leasing, a joint venture company between DVB’s Deucalion Aviation Funds and Magnetar Capital. All six aircraft will be managed by DVB Bank. The aircraft entered service in 2009, and will be leased back to Lion Air for an average term of six years. The transaction, which is rumoured to be around $200 million, was structured through the airline’s Singapore-based leasing affiliate, Transportation Partners (TP). Stephan Sayre, Managing Director at DVB said that this deal represents the bank’s “first equity position in the -900ER variant, an aircraft

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