Finnair secured financing for newest A350 aircraft

Finnair has 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 €128m, 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”, states Finnair CFO Pekka Vähähyyppä.