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Note 16: Non-current assets held for sale

The non-current assets held for sale of £30 million (2009: £nil) comprise five Boeing 757 aircraft, these aircraft will exit the business within 12 months of 31 March 2010.

The sale of a further six Boeing 757 aircraft has been agreed; these aircraft will exit the business over a 12 month period commencing 1 April 2011. The economic lives and residual values of these aircraft were adjusted in April 2009 to reflect the terms of the sale agreement.

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