Air Baltic | Sale leaseback | 11-18 | $145.2m | 4xA220-300 | Transaction | Airfinance Journal

Air Baltic | Sale leaseback | 11-18 | $145.2m | 4xA220-300

Chinese lessor CMB Financial Leasing and the Latvian national carrier Air Baltic have announced a letter of intent for the sale and leaseback of four Airbus A220-300 deliveries.

Update: CSeries was renamed to Airbus A220 in July 2018 after Airbus has acquired a majority stake in the program.

Update: The deal for the fourth and final unit closed on 30 November 2018.

The sale and leasebacks were arranged by UK-based remarketing company Skytech-AIC.

 


Deal Categories

Regions:
Europe
Latvia
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