KfW IPEX-Bank closes A320 financing for AWAS

Source: Flightglobal.com
This story is sourced from Flightglobal.com

German financier KfW IPEX-Bank has closed financing for a new Airbus A320 delivery for AWAS Aviation Capital.

The aircraft (MSN 5578), which has been placed on lease to Aeroflot Russian Airlines, is part of an export credit agency-backed facility for up to eight A320s. The facility is fronted by the Germany's Euler Hermes.

The aircraft is the third of six A320s that the lessor will deliver to Aeroflot in 2013-14.

The first A320 in the KfW IPEX-Bank facility closed in March.