German transportation lender DVB Bank has disclosed that it is the sole arranger and lender for the sale-and-leaseback financing of Vietnam Airlines' first Airbus A350-900, which was delivered in October 2016.
Vietnam Airlines is leasing the jet from Dubai Aerospace Enterprise.
The SkyTeam member is also leasing another two A350s from DAE under a three-unit sale-and-leaseback deal.
Law firm Clifford Chance represented DVB while Allen & Overy advised DAE.
Source: Cirium Dashboard
Korea Aerospace Industries has delivered the first two Mirion Light Armed Helicopters (LAH) to the South Korean government, as it makes a low-key sale of the KUH-1 Surion to Iraq.
Beijing has staged a late-year aerospace coup by showing off not one, but two developmental stealth aircraft.
Cathay Pacific expects a “strong” showing for the second-half financial results, as it approaches full capacity recovery January next year.
