Finnair moves forward with refinancing plan: four A350 sale-leaseback agreement closed for cash proceeds over USD 400m
Along with Finnair’s efforts to emerge from the corona crisis, the company is continuing its refinancing plan and has finalized a sale-leaseback agreement for four of its Airbus A350s. In the deal, Finnair sold these planes – delivered between
The agreement will not have a material impact on Finnair’s operating income for the third quarter of 2021; however, the immediate positive cash flow effect for Finnair is greater than
“This is the largest aircraft financing transaction in our company’s history,” says Finnair CFO
Finnair has ordered a total of 19 new A350-900 XWBs from Airbus, of which 16 have been delivered. The remaining three A350s are expected to be delivered in Q2 2022, Q4 2024 and Q1 2025.
The fleet operated and / or owned by Finnair is shown on the company’s website at https://www.finnair.com/gb/gb/flights/fleet and updated quarterly in the financial reports of the company.
More information :
Finnair communications, 358 9 818 4020, [email protected]
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Finnair is a network airline, specializing in connecting passenger and freight traffic between
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