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Update: Latam in s/lb talks with Ping An for four A321s

Por: Airfinance JournalImprimirVisualizar em PDF

Latam is in talks to take four A321s on sale/leaseback from Chinese lessor Ping An Leasing.  

The aircraft will be on lease for 10 years and will begin delivery in April 2016. 

Latam also signed letters of intent (LOIs) for four other A321s earlier this year. All eight of the A321s will deliver in 2016.

A source familiar with the deal told Airfinance Journal that the Ping An deal will close in the next two months. The deal will be the first transaction Ping An has closed in Latin America.   

Brazilian law firm Pinheiro Neto Advogados and Clifford Chance are acting for Ping An and Latam is using in-house counsel.

To see all of Clifford Chance's, Latam's and Ping An's recent and historic deals visit Airfinance Journal's Deals Database.

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