AWAS closes A320 financing with Helaba debt

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Operating lessor AWAS has secured financing for a new Airbus A320 through a loan facility with Hessen-Thueringen Girozentrale (Helaba).

The German bank is the sole arranger of a limited-recourse commercial loan that covers a pair of aircraft.

The A320 (MSN 5974) was delivered new to Russian flag carrier Aeroflot on 17 February.

A second aircraft is due to close in March.