Air France has closed financing of one new Airbus A380 under a Japanese Operating Lease with Call Option (JOLCO) structure.
The aircraft (MSN 115) delivered in September.
BNP Paribas acted as lease arranger, debt arranger and security trustee. Banque Postale is a lender in the transaction.
The transaction marks the first A380 aircraft financing arranged by BNP Paribas for Air France and the first commercial debt financing of an A380 aircraft.