Bli medlem
Bli medlem

Du är här

2016-05-19

Finnair: Finnair secured financing for its newest A350 aircraft

Finnair Plc Stock Exchange Release 19 May 2016 at 5:00 PM EET

Finnair has secured financing, arranged by BNP Paribas, for its fifth
Airbus A350-900 XWB, which was delivered on 29 April 2016. The
transaction amounts to approximately EUR 128 million, implemented
using a Japanese Operating Lease with Call Option (JOLCO) structure.

"This transaction represents yet another successful A350-900 financing
for Finnair, and the third we have done using this structure. We are
thrilled that financiers and investors are enthusiastic about the
A350 as a long-term investment, since this aircraft type is the base
from which we will continue to execute our growth strategy in Asia",
states Finnair CFO Pekka Vähähyyppä.

The fleet operated and owned by Finnair is listed on the company's
website at www.finnairgroup.com.

FINNAIR PLC
Communications

Further information:
Finnair communications, tel. +358 9 818 4020, comms(a)finnair.com

Distribution:
Nasdaq Helsinki
Principal media

Finnair is a network airline specialising in passenger and cargo
traffic between Asia and Europe. Helsinki's geographical location
gives Finnair a competitive advantage, since the fastest connections
between many European destinations and Asian megacities fly over
Finland. Finnair's vision is to offer its passengers a unique Nordic
experience, and its mission is to offer the smoothest, fastest
connections in the northern hemisphere via Helsinki and the best
network to the world from its home markets. Finnair is the only
Nordic carrier with a 4-star Skytrax ranking and a member of the
oneworld alliance. In 2015, Finnair's revenues amounted to EUR 2,255
million and it had a personnel of 4,800 at the year-end. Finnair
Plc's shares are quoted on Nasdaq Helsinki.

-----------------------------------------------------------
http://news.cision.com/finnair/r/finnair-secured-financing-for-its-newes...

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.