Finnair completes a lease financing arrangement for its next A350 aircraft delivery

As a part of Finnair’s rebuild program, the airline has finalised a lease financing arrangement for its next A350 aircraft delivery, with JLPS Holding Ireland as the lessor and lease servicer. In the arrangement, Finnair will assign the purchase of the Airbus A350 aircraft to a third party, and then leases it back for its own operation. The aircraft is expected to be delivered to Finnair in the second quarter of 2022. The operating lease period is a minimum of 12 years, including a storage period expected to commence in the fourth quarter of 2021, concurrent with the aircraft‘s sale.