Griffin Global Asset Management Announces the Purchase and Leaseback of Two Boeing 737-8 Aircraft with TUI Group

DUBLIN, Ireland, Jan. 31, 2023 -- Griffin Global Asset Management (“Griffin”) is pleased to announce the purchase and leaseback of two Boeing 737-8 aircraft with TUI Group. The first aircraft delivered in January 2023 and the second aircraft will deliver in the first quarter of 2023.

“Griffin is excited to have TUI as a new customer. We are looking forward to building a long-term relationship with TUI and advancing their sustainability goals with one of the most modern and environmentally progressive aircraft available in the market,” said Eric Hild, Senior Vice President of Marketing at Griffin.  “These new 737-8s will further enhance TUI’s ability to offer the highest quality customer service in the leisure market by providing high levels of passenger comfort, significantly reduced fuel consumption, and longer-range capability.”

“We are very pleased to have started our relationship with Griffin through these financing transactions with deliveries in time for the peak summer season,” said Patricia Verheijen, Head of Fleet Finance at TUI Group. “These two Boeing 737-8s are an important addition to our fleet, characterized by considerably lower fuel consumption and noise emissions than the airplanes that they replace. This contributes to our aim to reduce the environmental impact of holidays and to maintain our top ranking among the world’s most carbon-efficient airlines.”