History

20 years anniversary

2018

Aircraft portfolio value exceeds US$ 2.0 bn

With the purchase of a package of two A321 and two A330 aircraft from an insolvent airline and subsequent placement with Avianca, Colombia, GOAL achieved the next major milestone on its growth path.

2018

Acquisition of 100th aircraft

GOAL aquired a package of five Boeing 737-800 from Air Europa in a Sale and Leaseback transaction.

2016

Remarketing of 100th asset (aircraft and engines)

GOAL successfully sold a package of two Bombardier DHC-8 Q400 with lease attached to Falko Regional Aircraft. The aircraft have been operated by Croatia Airlines since its manufacturers delivery to GOAL in 2010.

2014

Mandate as execlusive manager for KGAL institutional fund series

GOAL expanded its successful partnership with an exclusive mandate by KGAL to source, manage and remarket their fund aircraft.

2013

Jochen Baltes joins GOAL as Managing Director

Jochen Baltes joined GOAL in October 2012. With more than 18 years in the aviation industry, Jochen is a true aviation expert. He now brings his strong leasing, technical, procurement and leadership skills to GOAL where he will continue to meet the needs of our airlines, investors and lessor customers in the acquisition, sales and leasing of commercial aircraft.

2012

Aircraft portfolio value exceeds US$ 1.0 bn

GOAL arranged a portfolio sale and lease back of twelve A319 with easyJet and thereby significantly expands their narrow body footprint.

2013

Remarketing of 50th asset

GOAL successfully sold a CFM56 engine to a specialised aircraft support company in the Asia-Pacific region. The engine had earlier been acquired from another leasing company.

2010

First part out

GOAL successfully closed its first part-out project. After its regular lease end with AirAsia Berhad, the 737-300 airframe and its related engines were separately sold to different entities in Asia and the Middle East.

2009

Acquisition of 50th aircraft

GOAL acquired its 50th aircraft as part of a three aircraft package, an Embraer E195 to be operated by Flybe Limited. GOAL and Flybe both attended the manufacturers delivery at Embraer in São José dos Campos in Brazil.

2008

German government project

GOAL received a mandate from Lufthansa Technik AG on behalf of the German Air Force to acquire four Bombardier Global 5000 business jets. During the four-year-project GOAL was responsible for the full management of the aircraft acquisition, financing and delivery process.

2007

Christian Schloemann joins GOAL as Managing Director

Dr. Klaus Wolf entering supervisory board, Christian Schloemann will become his successor. Both are KGAL-employees.

2007

First PDP financing

GOAL expands its expertise and market know-how.

2007

First mezzanine financing

An additional aircraft financing product (besides operating leasing) has been established.

2006

First remarketing mandate by Lufthansa Group

2004

First bank remarketing and asset management mandate

Also third parties value GOAL’s asset management skills. First remarketing mandates from banks.

2004

Exclusive asset manager for KGAL retail funds

Besides own investments GOAL has been appointed as exclusive asset manager for KGAL’s aircraft funds.

2001

First business aircraft transaction (Learjet)

GOAL enters the business aircraft financing sector.

2000

First operating lease transaction

By completion of a SLB concerning two Boeing 737s from Lufthansa the first transaction could be successfully closed.

1999

GOAL founded as joint venture between KGAL and Lufthansa

Second joint venture between Lufthansa and KGAL called “GOAL” - focusing on operating leasing - has been established.

1998