BAE Systems News Release - PDF by qae20316

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									News
January 20, 2010

BAE SYSTEMS WINS SALE AND LEASEBACK MANDATE FOR CONDOR FLUGDIENST
BOEING 757 FLEET

BAE Systems announces that it has secured an agreement from Condor Flugdienst GmbH of
Germany to provide exclusive remarketing services for the sale and leaseback of its fleet of 13
Boeing 757-300 airliners.

All the aircraft will remain in operation with Condor, which has mandated BAE Systems specifically
to remarket the fleet to financial institutions and leasing companies for sale and lease-back to the
airline.

Hamish Davidson, Executive Vice President Business Development for BAE Systems Asset
Management business said today: “This is a major mandate from Condor Flugdienst, one of the
world’s most respected leisure and charter airlines. It will allow us to exploit our extensive
understanding and knowledge of the aviation finance and leasing industries for the benefit of our
client.”

Condor is a major German airline and is part of Thomas Cook plc – one of the world’s leading
leisure travel groups with sales of £9.3 billion, 22.3 million customers, 31,000 employees, a fleet of
93 aircraft, a network of over 3,400 owned and franchised travel stores and interests in 86 hotels
and resort properties.

About BAE Systems
BAE Systems is the premier global defence, security and aerospace company delivering a full
range of products and services for air, land and naval forces, as well as advanced electronics,
security, information technology solutions and customer support services. With approximately
105,000 employees worldwide, BAE Systems' sales exceeded £18.5 billion (US $34.4 billion) in
2008.

For further information contact:
David Dorman
BAE Systems
Tel: +44 (0) 1582 488336 Fax: +44 (0) 1582 488447 Mobile: +44 (0) 7831 135526 Email:
david@dorwaypr.co.uk

Issued by:
BAE Systems, Farnborough, Hampshire GU14 6YU, UK Tel: +44 (0) 1252 384605
Fax: +44 (0) 1252 383947; 24hr media hotline: + 44 (0) 7801 717739




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