AI assistant
Finnair Oyj — M&A Activity 2014
Feb 27, 2014
3266_rns_2014-02-27_e780d3c8-a6c1-4cc9-9661-39b4fbddfebe.html
M&A Activity
Open in viewerOpens in your device viewer
Disclosure 313128
Finnair Oyj - Company Announcement
Finnair completes sale and leaseback agreements for two Airbus 330 aircraft
The sale and leaseback agreements of two Airbus 330 aircraft owned by Finnair have been finalized. The Memorandum of Understanding (MoU) on the transactions was signed on 13 December 2013. The MoU includes also two ordered Airbus 350 aircraft, and sale and leaseback agreements for these two are expected to be concluded in H2 2015, when the first two A350s ordered by Finnair are delivered. The value of the arrangement covering all four aircraft is approximately EUR 320 million. More information on the arrangement is available in Finnair's stock exchange release announced on 13 December 2013. FINNAIR PLC Further information: Finnair communications, 358 9 818 4020, comms(a)finnair.com Distribution: NASDAQ OMX Helsinki Principal media