AviaAM Financial Leasing China delivers fourth brand-new Airbus to Aeroflot

Eleanor Steed
By Eleanor Steed June 27, 2017 14:53

AviaAM Financial Leasing China delivers fourth brand-new Airbus to Aeroflot

AviaAM Leasing’s joint venture with the Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China – has acquired a fourth Airbus A320 family aircraft.

On June 23, the 20 business and 120 economy seats configured aircraft was handed to Aeroflot – Russian Airlines. Under the operating lease contract, the Russian flag carrier will operate the aircraft for the next 12 years.

The newly-built aircraft was delivered as a part of a previously signed Memorandum of Understanding between AviaAM Financial Leasing China and Aeroflot – Russian Airlines, covering the sale and lease back of total 8 ex-factory Airbus A320/A321 aircraft. The legal assistance for the lease was provided by DLA Piper.

“Our joint venture in China with Henan Civil Aviation Development and Investment Company (HNCA) was launched a year ago. We are happy about the successful implementation of the contract details with Aeroflot, this is already 4th delivery to the air carrier with at least 4 more to be handed in throughout July,” said Tadas Goberis, Chairman of the Board and CEO of AviaAM Leasing.

Eleanor Steed
By Eleanor Steed June 27, 2017 14:53