Air Macau | Operating lease | 05-19 | 3xA320neo | Transaction | Airfinance Journal

Air Macau | Operating lease | 05-19 | 3xA320neo

Air Macau has agreed to lease three Airbus A320neos from BOC Aviation, according to a statement from the latter.

The Macanese flag carrier will take delivery of the new-generation aircraft, which are powered by Pratt & Whitney Geared Turbofan engines, in the first half of 2019.

A BOC Aviation spokesperson says the aircraft is on operating lease. He declines to disclose the specific lease tenor, though says BOC Aviation typically aims for long-term leases of around 12 years. He adds that BOC did not use external legal counsel on the transaction.

This is the first deal between Air Macau and BOC Aviation.


Deal Categories

Regions:
China
China

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