PIA | Operating Lease | 12-15 | 3x777-200ER | Transaction | Airfinance Journal

PIA | Operating Lease | 12-15 | 3x777-200ER

PIA was to dry lease three B777-200(ER)s from Dutch firm AerCap following a tender floated in May of this year. AThe aircraft are Vietnam Airlines (VN, Hanoi) airframes - msn 32717, 32716, and 28688 - all of which were to be used to replace the Pakistani carrier's outgoing B747-300 fleet. Eventually MSN 28688 was not taken up and was lease from Alitalia in April 2016. Lease term: 8 years.


Deal Categories

Regions:
South Asia
Pakistan

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8