Finnair closes a sale and leaseback agreement for one of its A350 aircraft
Finnair Plc Investor News 17 December 2020 at 9.00 a.m. EET As a part of Finnair’s rebuild program, the company has finalised a sale and leaseback arrangement for one of its A350 aircraft with Incline B Aviation Limited Partnership as a lessor guarantor, and BBAM Aviation Services Limited as a lease servicer. In the arrangement, Finnair sold the Airbus A350 aircraft, which was delivered in April 2019, and leased it back for its own operation. The initial operating lease period is 12 years, not including extension options. The arrangement has no major impact on Finnair’s