On May 5th 2014, Finnair Aircraft Finance Oy, Finnair’s fleet management subsidiary, signed a Memorandum of Understanding on the sale of three Embraer 170 aircraft to affiliates of Infinity Aviation Capital, a US-based aircraft leasing company. The transactions have now been finalised, and their total value was approximately US$40m. The sale of the three aircraft does not have significant impact on Finnairโs 2014 result. The transactions are a part of Finnairโs aim to focus on its core business. After the sale, Finnair Aircraft Finance owns only aircraft operated by Finnair or its affiliated company Flybe Finland.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada