GOAL combines KGAL’s 45 years of in-depth involvement in the structured asset finance sector and Lufthansa’s six decades of operational experience in the aviation industry.


KGAL GmbH & Co. KG (KGAL) has initiated and managed long-term real capital investments with sustainable and stable yields for more than 45 years. The company's portfolio of services comprises the design and management of funds for institutional investors as well as investment solutions for family offices and foundations.

At present, KGAL offers funds in the asset categories aircraft, real estate and infrastructure (solar and wind power plants). The quality of funds on offer is built on the experience of experts within KGAL and KGAL joint ventures such as GOAL.

KGAL, collectively with its joint ventures, currently manages a total investment volume of around EUR 25 billion.

KGAL GmbH & Co. KG is an investment company owned by the two private investors Gregory Ingram and Dr. Francis Louvard as well as Commerzbank, BayernLB, HASPA Finanzholding and Sal. Oppenheim. The KGAL Group has more than 300 employees.

Deutsche Lufthansa AG

The Lufthansa Group is an aviation group with global operations and a total of more than 400 subsidiaries and associated companies. It is divided into five business segments, which cover the areas of passenger transportation, airfreight and airline services: Passenger Airline Group, Logistics, MRO, Catering and IT Services. All of the business segments occupy a leading position in their sectors and in some cases are the global market leaders.

The airlines constitute the core business segment of the Lufthansa Group. Lufthansa Passenger Airlines, SWISS and Austrian Airlines enjoy an outstanding reputation in the market as quality airlines. The equity investments in Brussels Airlines and SunExpress round off the airline portfolio. In the reporting period, the airline group defended its leading role in Europe, again recording the greatest number of passengers and the highest revenue of any European airline. The Logistics segment is also a market leader in international airfreight. As well as standard freight, its product portfolio covers express freight and special cargo.

The MRO (maintenance repair and overhaul), Catering and IT Services segments complete the Lufthansa Group’s product portfolio, offering the full spectrum of services for the airlines within the Group as well as for external clients.