Icelandair entered an insurance backed financing agreement with Itasca Re and NORD/LB of Hanover for two Boeing 737 MAX 8 aircraft. The total consideration of the transaction accumulates to around $67 million, with closing anticipated by the end of January 2023. read more

JAN 30, 2023 - 7:14 am

CIT Group’s Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. read more

DEC 10, 2019 - 6:15 am