Myanma Air signs nearly $1bn plane leasing deal

[mhm]

Burma's national carrier has signed a nearly $1bn (£584m) deal to lease 10 new Boeing 737 jets as it looks to revamp and expand its ageing fleet.

Myanma Airways will be working with GE Capital Aviation Services (GECAS), the world's largest leasing company, to upgrade its planes and flight routes.

The state-run company flies mainly within Burma, also known as Myanmar.

GECAS - a unit of US conglomerate General Electric - said the aircraft would be delivered by 2020.
http://www.bbc.co.uk/news/business-26131019