SAS Secures Financing for Airbus Aircraft Deliveries
By Dominic Chopping
STOCKHOLM--Scandinavian airline SAS AB said Monday it has now
secured financing on all Airbus aircraft deliveries until late in
the second quarter of 2022.
SAS said it has secured financing of three Airbus A320neo and
one Airbus A350-900 through a sale and leaseback agreement with CDB
Aviation Lease Finance.
The A350 was delivered on March 26, while the three A320neo
aircraft will be delivered to SAS during the spring of 2022.
In addition, the agreement with CDB also includes pre-delivery
payment financing of five A320neo to be delivered in 2022, SAS
Write to Dominic Chopping at email@example.com
(END) Dow Jones Newswires
March 29, 2021 03:35 ET (07:35 GMT)
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