Avolon taps UKEF-backed loans for aircraft purchase

In:

Transport

Region:

Europe

By Max Thompson

Dublin-headquartered aviation finance company Avolon - via SPV Cong Aviation - sealed six 12-year UKEF-backed loans to finance the procurement of an A320 Neo aircraft from Airbus in Q2 this year.Three loans signed in June - a $42 million facility, $41 million deal and $45.3 million loan. Two signed...

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