Korean Air chooses operating lease

Korean Air (KAL) is believed to have opted for a sale/leaseback for the financing of one A330 delivery in November instead of bank debt or the possibility of another Japanese operating lease. KAL elected not to put the aircraft forward for export credit financing. The news, unconfirmed by the airlin...

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Bibliographic Details
Published in:Airfinance Journal 2000-11 (233), p.9
Format: Article
Language:English
Subjects:
Airlines
Equipment financing
Leasebacks
Lessors
Operating leases
Rentals
Online Access:Get full text
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Summary:Korean Air (KAL) is believed to have opted for a sale/leaseback for the financing of one A330 delivery in November instead of bank debt or the possibility of another Japanese operating lease. KAL elected not to put the aircraft forward for export credit financing. The news, unconfirmed by the airline as Airfinance journal went to press, appears to fit in with KALs stated goal of diversifying sources of funding.
ISSN:0143-2257