Icelandair Secures Financing for Three Boeing 737 MAX Aircraft

Icelandair Boeing 737 MAX

Photo: shutterstock.com

Reading Time: < 1 minute

The agreement includes the sale and leaseback of two Boeing 737 MAX 8 and a finance lease of one Boeing 737 MAX 9. The aircraft are scheduled for delivery in December 2021 and January 2022.

As previously announced, Icelandair had backstop financing for these three aircraft which will not be exercised. Following this transaction, Icelandair has completed the financing of all the twelve 737 MAX aircraft initially ordered from Boeing in 2013.

Bogi Nils Bogason, President & CEO of Icelandair Group: „Icelandair is delighted to team up with ACG, a long-lasting business partner, on this transaction. The campaign we ran for this financing resulted in favorable terms that both show the faith that financiers have in the value and the opportunities of the aircraft, as well as in the strength of Icelandair and its business model.“

Source: Icelandair

Source: Icelandair Secures Financing for Three Boeing 737 MAX Aircraft

*This is a free press release. Upgraded press releases are ad-free!

New York #1 Best-Selling Author Finds Inspiration in Shen Yun

LOUISVILLE, Ky.—Dr. David West Reynolds holds a Ph.D. in archeology specializing in ancient Rome and Egypt. He’s also the New York Times #1 best-selling author of Star Wars guide books. His books have been translated into a dozen languages and have sold over 2 million copies around the world. He has also written books on…

Read Press Release

Mark Cuban believes that Bitcoin is the best store of value

Ethereum has more use cases than Bitcoins as per billionaire Mark Cuban and Shark TankCuban sees BTC as digital Gold, and deemed that Bitcoin is what the Gold folks are doingCuban advocates smart contracts platform Ethereum and layer 2 solutionsMark Cuban believes that investors could choose Bitcoin to invest in the longer time-frameEthereum and Bitcoin…

Read Press Release

The changing nature of beauty packaging

In a fiercely competitive market, packaging can make an enormous difference in which beauty products do best. Here we examine how sustainability and influencer marketing is affecting the look and feel of the beauty sector In 2020, the UK’s beauty industry was reportedly worth £27 billion, and has been valued at around $500 billion globally.…

Read Press Release

Icelandair Secures Financing for Three Boeing 737 MAX Aircraft - Click To Share

Share on facebook
Share on twitter
Share on reddit
Share on linkedin
Share on email
Share on whatsapp