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Gulf Air Agrees A320neo Sale And Leaseback

November 15, 2018 / Airwise

Gulf Air has completed a sale and leaseback agreement with SMBC Aviation Capital for six Airbus A320neo aircraft.Bahrain-based Gulf Air has 12 A320neos on order, with the first already in service. The SMBC deal is for the first six of the order.We are delighted to begin a new relationship with SMBC Aviation Capital and successfully mark the financing of our six new A320neos as we diversify our financing relationship to support aircraft acquisition, Gulf Air chief executive Kresimir Kucko said.