GOAL sells twelve A319 aircraft to US investor

GOAL has arranged the sale of ten Airbus A319 aircraft and sold its equity investments in two Airbus A319 aircraft to an US investor as part of company share deals.

The majority of the aircraft were held in the SkyClass 58 retail fund, structured and distributed by GOAL’s majority shareholder KGAL GmbH & Co. KG. This deal testifies the appeal of tangible asset investments in aircraft. The opportunity to sell the twelve Airbus A319 aircraft to an US investor generated higher than expected returns for the investors. There is high demand for investments in aircraft, as their long-term rental agreements offer stable returns.

The twelve aircraft built between 2004 and 2005 continue to be leased to an airline until the end of 2018. KGAL continues to manage the investment while the aircraft’s technical asset management remains with 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 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


GOAL German Operating Aircraft Leasing GmbH & Co. KG
Jochen Baltes
Managing Director
+49 89 64143 152