News & Press Articles

 

 

GOAL introduces two Boeing 737-800 to its fleet

June 2015

 

GOAL German Operating Aircraft Leasing GmbH & Co. KG arranged the long-term financing for two Boeing 737-800 aircraft with Air Europa Líneas Aéreas, S.A.U., Spain. One aircraft is placed in KGAL’s Aircraft Portfolio Fund 1 (APF1) for German institutional investors through the structure of an operating lease. GOAL, being a renowned expert in managing aircraft assets, will be the asset manager as well as remarketing agent for the aircraft. The other aircraft is a finance lease with GOAL acting as junior lender and remarketing agent. Both aircraft will be delivered to Air Europa mid-2016 and are financed with Crédit Agricole Corporate Investment Banking as senior lender.

About GOAL:

GOAL is a joint venture of KGAL GmbH & Co. KG, one of Germany’s top investment companies and a high-ranking player in the world of structured asset finance and investment participation, and Deutsche Lufthansa AG, one of the world’s premier carriers. GOAL currently owns and manages 42 aircraft. It has a broad experience in its core business of operating leasing, technical asset management and aircraft remarketing and has proven its professional know-how since its foundation in 1998. For more information see its website at www.goal-leasing.de