IAT Leasing has acquired two 2009-vintage Boeing 737s that are leased to WestJet from Dubai Aerospace Enterprise, expanding its narrowbody portfolio with mid-life aircraft already in commercial service.
The transaction is a secondary-market acquisition rather than a new aircraft order, with IAT taking ownership of assets that remain tied to an established airline lease. The deal adds two Boeing 737s to the lessor’s portfolio and reflects continued trading activity in the leased aircraft market.
The aircraft were previously held by Dubai Aerospace Enterprise and are configured for WestJet operations, making the move primarily an ownership transfer within the leasing and asset-management sector. The report does not provide registration numbers, lease terms or transaction value.