GOAL acquires two used A340-300 aircraft from Austrian Airlines AG under lease with Swiss International Air Lines AG

A wholly owned GOAL German Operating Aircraft Leasing GmbH & Co. KG (GOAL) subsidiary purchased end of December two used Airbus A340-300 from Austrian Airlines AG under lease agreement with Swiss International Air Lines AG. The two aircraft where financed with GOAL equity and with a bank loan from a German bank.

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 about 50 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

Austrian Airlines is Austria’s largest carrier and operates a global route network of round 130 destinations.
That route network is particularly dense in Central and Eastern Europe with 41 destinations.
Thanks to its favourable geographical location at the heart of Europe, the company’s hub at Vienna International Airport is the ideal gateway between East and West.
Austrian Airlines is part of the Lufthansa Group, Europe’s largest airline group, and a member of the Star Alliance, the first global alliance of international airlines. The flight operation of Austrian Airlines has been bundled at its 100% subsidiary Tyrolean Airways since 1st July, 2012.

Swiss International Air Lines AG (SWISS) serves 76 destinations (winter schedule 2013/2014) in 40 countries all over the world from its Zurich hub and the further Swiss international airports of Basel and Geneva with a fleet of 91 aircraft. As the airline of Switzerland, SWISS is a byword for traditional Swiss values. True to its roots, the company is dedicated to providing the highest possible quality in all its products and services. With its manageable medium size, SWISS is also optimally equipped to remain as close as possible to its customers and meet their individual needs. As part of the Lufthansa Group and a member of Star Alliance, SWISS remains true to its mission of providing quality air services that link Switzerland with Europe and the world.

GOAL contact

GOAL German Operating Aircraft
Leasing GmbH & Co. KG
Jochen Baltes
Managing Director
+49 89 64143 268