GOAL introduces three Airbus A320-200 to its fleet

GOAL German Operating Aircraft Leasing GmbH & Co. KG arranged the financing for three Airbus A320-200 aircraft with AirAsia Berhad's leasing subsidiary, Asia Aviation Capital Limited. All three aircraft are placed in KGAL’s Aircraft Portfolio Fund 1 (APF1) for German institutional investors through the structure of an operating lease. This is the third aircraft acquisition transaction for the fund, which now holds seven narrow body and regional jets. GOAL, being a renowned expert in managing aircraft assets, will be the asset manager as well as remarketing agent for the aircraft. The three aircraft 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 44 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