Finnair secured financing for its fourth A350 aircraft
Finnair Plc Stock Market Release 22 April 2016 at 4:30 pm EET Today, Finnair has secured financing for its fourth Airbus A350-900 XWB, delivered in March 2016. The transaction amounts to approximately EUR 115 million, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure arranged by Credit Agricole. The transaction relates to Finnair’s ongoing long-haul fleet renewal program, which currently consists of 19 new Airbus A350-900 XWB aircraft delivered between 2015 and 2023. “This latest transaction is part of a multi-year capital