Air Lease Corporation has mandated KfW IPEX-Bank as Arranger and sole Lender for an eight-year commercial debt financing of one 2008 vintage B777-300ER aircraft. The aircraft is being acquired from Air France and will be leased back to the airline for a period of eight years. The transaction closed on 30-Mar-2011.
Dublin based aircraft lessor, AWAS, has meanwhile agreed with GOL to enter into a purchase and lease back agreement for five B737-800s that the carrier had previously ordered directly from the manufacturer for May 2011-Feb-2013 delivery.
To assist GOL with its plans for fleet-type consolidation, modernisation and expansion, AWAS has also agreed to an early return of two B767-300ERs that do not meet GOL’s immediate fleet needs. AWAS has already secured new long-term homes for these aircraft.