Finnair secured financing, arranged by BNP Paribas, for its fifth Airbus A350-900 XWB, which was delivered on April 29, 2016. The transaction amounts to approximately EUR 128 million, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure.

“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,” said Finnair CFO Pekka Vähähyyppä.