Standard Chartered | A/c purchase | 03-20 | 6x737-800 | Transaction | Airfinance Journal

Standard Chartered | A/c purchase | 03-20 | 6x737-800

  • Deal No: 13215

Arctic Aviation Assets will  sell six of its B737-800s to Pembroke Aircraft Leasing 5. The aircraft are currently operated by the company and deliveries will take place in Q4 2019 and Q1 2020. Sale proceeds will be used to repay debt and to increase the company´s liquidity.

 

Seller: Arctic Aviation Assets

Purchaser: Standard Chartered Bank

Update: In December 2019, Standard Chartered Bank signed lease contract for the a/c with Turkish airlines. The a/c will be delivered in 2020.

Related transaction id: 13474

Deal Categories

Regions:
Europe
Ireland

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