Asia/Pacific

Thai Airways closes first Yen A380-800 financing

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Thai Airways closes first Yen A380-800 financing

BNP Paribas has closed the first ever financing of an Airbus A380-800 aircraft in Japanese Yen.

With the support of the Export Credit Agencies, Thai Airways took delivery of its first A380-800 aircraft on September 26, 2012.

The Thai Airways A380 aircraft is fitted with Rolls-Royce Trent engines, and configured in 12 First Class, 60 Business Class and 435 Economy Class seating.
Thai Airways is a founding member of the Star Alliance.

The Yen financing makes sense for Thai Airways which collects a great deal of revenue in Yen thanks to its Japanese routes, making this deal a natural hedge for the airline.