ABL Aviation has recently delivered the fourth new Airbus A220-300 on a long-term lease to Air France on behalf of ABL Aviation's Japanese partner through a Japanese operating lease (JOL) structure.
This aircraft is the fourth A220 family unit delivered under the same structure to Air France with seven more deliveries planned in 2023 and 2024.
ABL Aviation and Air France state that they have placed a strong emphasis on their commitment to sustainability through the selection of the Airbus A220 aircraft, with its substantial fuel savings and a reduced environmental footprint. By prioritising the Airbus A220, ABL Aviation and Air France say that they are “actively contributing” to a more environmentally conscious and sustainable future for the aviation industry. Air France is targeting ambitious sustainability goals that include a 30% reduction in CO2 emissions per passenger kilometre by 2030 compared to 2019.
“With the delivery of the fourth A220 to Air France, we are delighted to mark the completion of the first four aircraft deliveries to the airline. I am optimistic that our long-term collaboration with Air France KLM Group will be further strengthened with the delivery of seven additional aircraft scheduled for later this year and in 2024,” said Ali Ben Lmadani, chief executive of ABL Aviation. “This transaction demonstrates our commitment to Air France and all our partners to provide them with customised solutions and financing for sustainability and improved environmental impact from new generation aircraft to support their growth objectives.