Sale and leaseback: Finnair is silvering four A350-900s

Sale and leaseback: Finnair is silvering four A350-900s

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The Oneworld member cashed a total of four long-haul Airbus A350-900 aircraft in sale-and-leaseback transactions. Around $ 400 million was flushed into the till.

The machines OH-LWK, OH-LWL and OH-LWM were sold to Gecas. The OH-LWN went to Gilead Aviation. Lease contracts with a term of around 12 years were concluded with the two lessors.

As a result of the most recent transaction, the share of aircraft ownership is further reduced. Finnair said that the proceeds of the SLB deal will be used to pay off debts. Furthermore, a credit line in the amount of 175 million euros is to be closed. With regard to this, it was noted that this has not yet been used.

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