Fortress Transportation and Infrastructure Investors LLC and Air France Announce an Agreement for the Sale and Leaseback of Sixteen Aircraft

NEW YORK and PARIS, April 30, 2020 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors, LLC (NYSE: FTAI) and Socit Air France, a wholly owned subsidiary of Air France KLM S.A. (OTCMKTS: AFLYY; Air France) announce an agreement in which FTAI has agreed to purchase and leaseback 16 aircraft from Air France for an average term of 34 months.