FTAI Aviation Buys 27 Boeing 737-700 Aircraft From WestJet

By Adriano MarcheseFTAI Aviation has agreed to acquire 27 Boeing 737-700 planes from Canadian airline WestJet as the carrier begins retiring its older narrowbody fleet.Under the terms of the sale-leaseback deal, FTAI's Strategic Capital business purchases 17 of the aircraft and leases them back to…