Air India | Operating lease | 05-19 | 14xA320neo | Transaction | Airfinance Journal

Air India | Operating lease | 05-19 | 14xA320neo

ALAFCO (Aviation Lease and Finance Company) announced that it has signed an agreement with Air India for the lease of 14 new Airbus A320neo aircraft powered by CFM’s LEAP-1A engines. The aircraft will be leased for a period of 12 years, with the first six aircraft scheduled for delivery in 2017, six to be delivered in 2018 and the last two aircraft in 2019. All 14 aircraft are part of ALAFCO’s existing order book with Airbus.


Deal Categories

Regions:
South Asia
India
Tagged as:
BRICS

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