FTAI buys 27 Boeing 737-700s from WestJet

FTAI Aviation finalized a significant transaction, acquiring 27 Boeing 737-700 aircraft from WestJet on Monday. This deal represents one of FTAI’s largest aircraft transactions to date, according to both companies. Specifically, FTAI's 2026 special purpose vehicle (SPV), part of its Strategic Capital business, purchased seventeen of these jets leased by WestJet through a sale-and-leaseback agreement. The acquisition strengthens FTAI’s fleet and investment portfolio within the aviation sector. Moving forward, FTAI intends to utilize these aircraft for various leasing opportunities across global routes.