Avolon, the international aircraft leasing company, announces it has completed the delivery of 15 A320neo family aircraft to IndiGo, India’s largest passenger airline. Delivery of the aircraft commenced in September 2022 and was completed February 2023. The sale and leaseback transaction comprised a mix of six A320neo aircraft and nine A321neo aircraft. Paul Geaney, President […]
Pegasus Airlines closed the first ever sustainability-linked aircraft-secured term loan (“SLL”), which was guaranteed by UK Export Finance for the financing of ten new Airbus A321neo aircraft. The transaction was led by Societe Generale, acting as global arranger, sustainability structurer, facility agent and security trustee. The highly innovative transaction is remarkable in several respects: it […]
Korean Air recently received its first Airbus 321neo, which it will deploy starting from December. The airline’s A321neo is equipped with fully lie-flat seats in business class, making it the first Korean airline to offer this feature on a narrowbody aircraft. The airline’s first A320 Family aircraft is a single-aisle narrowbody with a total of […]
