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Avation delivers Airbus to Thomas Cook Airlines

By BFN News | 07:44 AM | Thursday 31 March, 2016


Avation has announced the successful completion of the delivery of a second of a series of new Airbus A321-200 aircraft to Thomas Cook Airlines Limited. The aircraft was delivered at the Airbus manufacturing facility in Hamburg, Germany. The lease is a 12 year operating lease and the terms are typical for a new delivery aircraft of this type. The company has entered into an asset-backed senior debt facility, with an existing lender in order to finance the acquisition of this aircraft. The aircraft is an Airbus A321-200 equipped with CFM International CFM56-5B3/3 engines, seating 220 passengers. It will be operated by Thomas Cook Airlines Limited. Thomas Cook Airlines Limited is part of Thomas Cook Group Airlines and serves international destinations from multiple bases in Europe. Story provided by StockMarketWire.com

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