SAS Inks Sale-Leaseback Deal For 10 New Airbus A320neo Aircraft

Scandinavian airline SAS AB has entered into new sales and leaseback agreements with Aviation Capital Group.
Under the new agreement SAS secured long-term financing for ten new Airbus SE (OTC:EADSY) (OTC:EADSF) A320neo aircraft.
“We continue to make progress with our transformation plan and these new sale and leaseback agreements are an important part of that – securing competitive financing for our renewed fleet of modern and fuel-efficient aircraft,” stated Anko van der Werff, President and CEO, SAS.
The aircraft are expected to be delivered by 1Q24.
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