In a market update outlining its 2020 activities, Germany’s asset manager KGAL disclosed that it was involved in three Japanese operating lease with call option (Jolco) financings for flag carrier Lufthansa last year.
The three aircraft financed under Jolco structures comprise two new A321neo narrowbodies and a vintage A320.
Lufthansa Leasing GmbH, a joint venture between Deutsche Lufthansa and KGAL, secured three Japanese operating leases for Lufthansa. These are an Airbus A320ceo and two Airbus A321neo. These successes show that the Japanese market remains open with good opportunities
