ABL Aviation closes fourth A321neo JOLCO for Pegasus Airlines

ABL Aviation has completed another delivery of a new Airbus A321neo aircraft for Pegasus Airlines, on behalf of ABL Aviation’s Japanese partner, financed through a Japanese operating lease with call option (JOLCO) structure. This aircraft is the fourth A320neo Family unit delivered under the same structure to Pegasus. The transaction follows an April 2020 deal also arranged by ABL Aviation for Pegasus Airlines. Closed at the height of the COVID-19 pandemic, the transaction marked the industry’s first ever 100% remote delivery of an aircraft. Commenting, Ali Ben Lmadani, chief executive of ABL Aviation, said: “This fourth transaction reflects our strong