Finnair secured financing for its newest A350 aircraft

Dino D'Amore
By Dino D'Amore May 19, 2016 19:55

Finnair secured financing for its newest A350 aircraft

Finnair has secured a €128 million Japanese Operating Lease with Call Option (JOLCO), arranged by BNP Paribas, to fund its fifth Airbus A350-900 XWB, which was delivered on 29 April 2016.

“This transaction represents yet another successful A350-900 financing for Finnair, and the third we have done using this structure. We are thrilled that financiers and investors are enthusiastic about the A350 as a long-term investment, since this aircraft type is the base from which we will continue to execute our growth strategy in Asia,” says Finnair CFO Pekka Vähähyyppä.

Dino D'Amore
By Dino D'Amore May 19, 2016 19:55