Wizz Air | Sale leaseback | 03-18 | 3xA/c | Transaction | Airfinance Journal

Wizz Air | Sale leaseback | 03-18 | 3xA/c

Vermillion Aviation Holdings Ireland has entered into a lease arrangement with Wizz Air for two new Airbus A321 and two new A320 aircraft with Central european low-cost carrier Wizz Air.

The aircraft, which will be powered with International Aero Engine V2500 engines, will deliver between July 2017 and March 2018.

Vermillion is a joint venture between MC Aviation Partners and Cheung Kong Property Holdings Limited. and Li Ka Shing (Overseas) Foundation. Its owned portfolio includes 21 aircraft.

Update: The last a/c was delivered in March 2018.


Deal Categories

Regions:
Europe
Hungary
Tagged as:
Secured

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