In conjunction with Finnair’s efforts to emerge from the corona crisis, the company is proceeding with its refinancing plan and has finalised a sale and leaseback arrangement for four of its Airbus A350 aircraft. In the arrangement, Finnair sold these aircraft – delivered between
The arrangement will not have a significant impact on Finnair’s operating result for the third quarter of 2021; however, the immediate positive cash effect for Finnair is in excess of
“This is the biggest single aircraft financing transaction in the history of our company”, says Finnair’s CFO
Finnair has ordered a total of 19 new A350-900 XWB aircraft from Airbus, of which 16 have been delivered. The remaining three A350 aircraft are expected to be delivered in the second quarter of 2022, the fourth quarter of 2024 and the first quarter of 2025.
The fleet operated and/or owned by Finnair is shown at the company website at https://www.finnair.com/gb/gb/flights/fleet and updated on a quarterly basis in the company’s financial reports.
Finnair communications, 358 9 818 4020, email@example.com
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Finnair is a network airline, specialising in connecting passenger and cargo traffic between
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