Russian Flag Carrier Will Operate The Aircraft For 12 Years

A joint venture of AviaAM Leasing and Henan Civil Aviation Development and Investment Company (HNCA) – AviaAM Financial Leasing China has acquired a fourth Airbus A320 family aircraft which has been delivered from Airbus' facilities in Toulouse, France.

On June 23rd, the airliner, which is configured with 20 business class and 120 economy seats, was delivered to Aeroflot. Under the operating lease contract, the Russian flag carrier will operate the aircraft for the next 12 years.

The newly-built aircraft was delivered as a part of a previously signed Memorandum of Understanding between AviaAM Financial Leasing China and Aeroflot – Russian Airlines, covering the sale and lease back of total 8 ex-factory Airbus A320/A321 aircraft. The legal assistance for the lease was provided by DLA Piper.

“Our joint venture in China with Henan Civil Aviation Development and Investment Company (HNCA) was launched a year ago. We are happy about the successful implementation of the contract details with Aeroflot, this is already 4th delivery to the air carrier with at least 4 more to be handed in throughout July,” said Tadas Goberis, Chairman of the Board and CEO of AviaAM Leasing.

(Image provided with AviaAM news release)

FMI: www.aviasg.com