Europe

Air France closes JOLCO on one new 777-300ER

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Air France closes JOLCO on one new 777-300ER

On April 26, Credit Agricole-CIB closed successfully a 12-year Japanese Operating Lease with Call Option (JOLCO) for one new 777-300ER (msn 61701) for Air France. The aircraft cost was financed by way of Japanese yen equity and 12-year euro-denominated amortizing senior commercial loan. CIC, DBS and...

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