Airline

CDB leases four Airbus aircraft to SAS

  • Share this:
CDB leases four Airbus aircraft to SAS

CDB Aviation has inked a deal with existing customer, SAS, for a fleet of four Airbus aircraft, including three A320neos and one A350-900. The deliveries of these aircraft are expected to occur between June 2020 and May 2022.

“We are very delighted to carry out yet another transaction with SAS for these Airbus aircraft,” said CDB Aviation chief marketing officer Peter Goodman. “We look forward to further assisting in the reshaping of SAS’ fleet, particularly in support of efforts to advance environmental sustainability goals for their fleet operations,” he added.

Goodman said the lessor’s commercial team is actively looking for opportunities, including in the sale and leaseback. “Airlines can leverage the strength and robust scale of our platform and capabilities to access financing solutions that address their rapidly changing operating requirements during these unprecedented times,” said Goodman.

Torbjørn Wist, SAS Chief Financial Officer, said: “SAS has worked together with CDB Aviation on several sale-and-leaseback transactions, and we are pleased that we have managed to secure the financing for these four aircraft together with Pat Hannigan and his team during this extraordinary market situation.”