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 added.


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(END) Dow Jones Newswires

March 29, 2021 03:35 ET (07:35 GMT)

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