SAS enters financing agreements on deliveries of new aircraft

has secured financing of three and one -900 through a S&LB-agreement with Lease Finance. The A350 aircraft was delivered on March 26, and the three A320neo aircraft will be delivered to SAS during spring of 2022. In addition, the agreement also includes PDP (Pre Delivery Payments) financing of five A320neo to be delivered in 2022. The agreement means that SAS will sell the aircraft to CDB Aviation Lease Finance and then lease them back on a long-term lease.

Through the agreement, SAS has secured financing on all Airbus aircraft deliveries until the second quarter of 2022. In total SAS has ordered 80 A320neos, three A321LRs and eight A350-900s.

Continuing to add A320neo and A350-900 aircraft types into SAS' fleet is an important strategic step in SAS sustainability development and the goal of a “one type fleet” on SAS short haul operations. Both aircraft types are state-of-the-art with superior fuel efficiency and the lowest environmental footprint and operating costs available.

VP Sales & Business Development Americas
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
VP International Sales & Marketing
Malte Tamm
malte.tamm@avitrader.com
Phone: +49 (0)162 8263049