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Guggenheim gets financing for widebodies

25 July 2011

Debt facilities closed with three banks will fund five widebody passenger aircraft and one freighter.

Read more: Guggenheim Aviation Partners DVB Bank CA-CIB NordLB Jet Airways American Airlines TNT

Aircraft lessor Guggenheim Aviation Partners has closed debt facilities to finance five sale/leasebacks and one new delivery.

The lessor closed two debt facilities to finance five used aircraft with sale/leasebacks: two A330-200s and three 777-200ERs. DVB Bank is sole lender.

The first...


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"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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