Finnair completes sale and leaseback agreement for one Airbus 330 aircraft

Report this content

Finnair Plc.      Stock Exchange Release      31 March 2014 18:15 EET                

On 17 December 2013, Finnair signed the Memorandum of Understanding (MoU) with Novus Aviation Capital on the sale and leaseback of two Airbus 330 aircraft owned by Finnair. The transaction has now been finalized for one of the two aircraft.

The sale and leaseback agreement for the second aircraft included in the MoU is expected to be concluded by the end of June 2014. The value of the arrangement covering both aircraft is approximately EUR 110 million. More information on the arrangement is available in Finnair’s stock exchange release announced on 17 December 2013.

Finnair Plc.

Communications

FINNAIR PLC

Further information:
Finnair communications, 358 9 818 4020, comms(a)finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media

Subscribe