Vueling | Sale leaseback | 07-18 | $146m(est.) | 3xA/c | Transaction | Airfinance Journal

Vueling | Sale leaseback | 07-18 | $146m(est.) | 3xA/c

Vueling, the Spanish low cost carrier and subsidiary of IAG, has closed a sale and leaseback deal for five narrowbody aircraft. The narrowbodies include one Airbus A320, three A321s and one A320neo. The A320 delivered earlier this month, the three A321s deliver in the first half of 2017 and the A320neo delivers in the first quarter of 2018. All of the aircraft will be leased from Standard Chartered for 10 years each.

 Update: The a/c number for delivery was 5. But two of the A321 were cancelled.


Deal Categories

Regions:
Europe
Spain
Tagged as:
Secured
G8

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