SAS Finances Five Airbus A320neo through Sale/Leaseback
DEC 12, 2016 - 6:23 am
SAS secured financing of an additional five Airbus A320neo through the signing of a sale and leaseback agreement with SMBC Aviation Capital.
The aircraft will be delivered between 2016 and 2018. The agreement means that SAS, at the time of delivery for the respective aircraft, will sell the aircraft to SMBC Aviation Capital and then lease it back during a long term lease period.
Through this agreement, SAS has agreed on financing of 12 Airbus A320neo of the order of 30 aircraft. SAS has also signed letter of intents regarding the financing of a further six Airbus A320neo.
Monitor’s Top 25 Vendor Players broke the $40 billion mark in new originations this year, but while most saw positive growth, the overall percentage increase slipped slightly from 6.4% in 2017 to 6.1% in 2018. The top eight companies from... read more
Being a broker is a lot like being a juggler in a circus, but instead of juggling rings, we juggle relationships. As brokers, we are the point of contact for everyone involved in the transaction, including the funder, the customer,... read more