Clover Aviation Capital and Lufthansa AG Announce Completion of Sale and Leaseback Transaction for Seven A320neo Family Aircraft
Clover Aviation Capital and Lufthansa AG announced the successful completion of a sale and leaseback transaction for four A320neo aircraft and three A321neo aircraft on 12 December 2023. The aircraft were delivered in Germany and will be on long-term lease to Lufthansa AG, Lufthansa CityLine GmbH and Eurowings GmbH.
“We are delighted to establish a new relationship with Lufthansa, as one of the world’s leading airline groups” commented Haiyan Zheng, Executive Vice President, Head of Airline Marketing and Head of Acquisition and Trading of Clover Aviation Capital. “I would like to thank all involved for their hard work and commitment to this transaction and we look forward to continuing to support Lufthansa for years to come”.
“We are pleased to announce our first partnership with Clover Aviation Capital on the financing of these A320neo and A321neo aircraft” stated Torsten Kohrs, Senior Vice President Corporate Finance of Lufthansa, “The young, fuel-efficient aircraft will help to support our group airlines as we continue to provide best-in-class service to our passengers”.
