Guggenheim Aviation Partners will acquire a total of three new Airbus A330-300s from Delta Air Lines in a sale and leaseback deal. The three units, which are powered by General Electric’s CF6-80E1A4 engines, are part of a 10-aircraft order placed with Airbus in September 2013. Airfinance Journal understands that two aircraft, MSNs 1716 and 1720, were delivered to the US carrier in April and May, respectively. Both units were financed under a debt facility arranged by DVB Bank. Stephenson Harwood acted for Guggenheim Aviation Partners as the lessor’s counsel while Vedder Price advised DVB on the transaction. The third aircraft was delivered in June and was financed with funds provided by Natixis.
Delaware Life Insurance Company provided subordinated financing on the deal.