AIR GREENLAND ACQUIRES A330-200 OFF-LEASE

Advised by Skytech-AIC as part of a relationship which began some two years ago with a mandate to sell, successfully, one Boeing 757, Air Greenland has now acquired 1998 Airbus A330-200 msn 230 which it has had on operating lease since 2002. The acquisition of the aircraft gives the airline the flexibility it needs while assessing future fleet plans.

Skytech-AIC assisted the airline in sourcing bank debt to support the acquisition and in structuring the transaction.

Julian Balaam of Skytech-AIC commented: “We are delighted that, following our first transaction together which closed earlier this year, this valued client has turned to Skytech-AIC once again to assist them with the acquisition of this aircraft”.