GOAL Aircraft Leasing Enters Finance Lease Agreement with Porter Airlines for Three Dash 8-400 Aircraft

Munich – 04^th December 2024: GOAL Aircraft Leasing (GOAL), a leading aircraft leasing and asset management company, is pleased to announce that it has entered into a finance lease agreement with Porter Airlines for three (3) Dash 8-400 aircraft. The aircraft are part of the KGAL APF 5 fund.

The KGAL APF 5 fund, managed by GOAL’s majority shareholder KGAL GmbH & Co. KG, is a cornerstone of KGAL’s strategy to offer tailored investment solutions in the aviation sector. This agreement with Porter Airlines represents another milestone in delivering value for our fund investors while supporting the fleet strategy of a renowned airline operator.

Porter Airlines, based in Canada, is known for its dedication to delivering a premium flying experience. All passengers travelling on the Dash 8-400 with Porter experience the airline’s genuine hospitality and elevated onboard service, including a selection of premium snacks, and free beer and wine served in glassware. It operates one of the largest Dash 8-400 fleets globally, highlighting its continuing confidence in the performance and efficiency of this aircraft type. The lease underscores GOAL’s commitment to partnering with airlines that prioritize operational excellence and passenger satisfaction.

This agreement reinforces GOAL’s reputation as a reliable partner for aircraft leasing and asset management, combining robust financial expertise with a deep understanding of aviation operations.

Christian Schloemann, Managing Director of GOAL, expressed his enthusiasm for the partnership:
“We are excited to support Porter Airlines through this finance lease agreement. GOAL has a long history with the Dash 8-400, and it is a remarkable aircraft. Porter’s operational expertise ensures these planes will deliver exceptional service to their passengers.”

 Julian Low, Vice President, Corporate Development, Porter Airlines, highlighted the aircraft’s value to its operations: “There is continued strong interest in the Dash 8-400 from the leasing community and Porter is very pleased to have partnered with GOAL on this transaction, adding a new lessor to our already strong group of partners on the Dash 8-400 and E195-E2 fleets. Porter and the Dash 8-400 have been together since the company’s founding. It continues to provide us with exceptional results for our regional network and passengers appreciate the many connections it supports throughout Eastern Canada and the U.S. Having GOAL join us in continuing to deliver this valuable service is sincerely appreciated.”