Common Contracts
1 similar Sale & Leaseback Agreement contracts
SAS ENTERS FINANCING AGREEMENTS ON DELIVERIES OF NEW AIRCRAFTSale & Leaseback Agreement • March 29th, 2021
SAS has secured financing of three Airbus A320neo and one Airbus A350-900 through a S&LB-agreement with CDB Aviation Lease Finance. The A350 was delivered on Friday the 26th of March. The three A320neo Aircraft will be delivered to SAS during spring of 2022. In addition, the agreement also includes PDP (Pre Delivery Payments) financing of five A320neo to be delivered in 2022. The agreement means that SAS will sell the aircraft to CDB Aviation Lease Finance and then lease them back on a long-term lease.
