International Airfinance Corporation Appoints Quantum and Palma as Exclusive Arrangers for SAUDIA's Largest Aircraft Leasing Deal

Strategic Insights -

International Airfinance Corporation (IAFC) has announced the appointment of Quantum Investment Bank Ltd and Palma Capital Limited as exclusive arrangers for Saudi Arabian Airlines' (SAUDIA) largest aircraft leasing deal in history. The deal involves arranging debt and equity financing to acquire 30 Airbus A320-200 and 20 Airbus A330-300 aircraft, making SAUDIA the first airline to operate the Airbus A330-300 Regional.

This landmark transaction is a significant step towards strengthening the Saudi economy and aligning with the vision of the country's leadership. Quantum Investment Bank Ltd's Chairman, Mr. Ammer Al-Selham, expressed his aspirations to enhance relationships with public and private institutions in Saudi Arabia, providing Shariah-compliant financing solutions. IAFC's CEO, Moulay Omar Alaoui, highlighted the importance of this partnership, bringing Quantum's expertise in the aviation sector and industry knowledge.

Key Takeaways:

  • International Airfinance Corporation (IAFC) appointed Quantum Investment Bank Ltd and Palma Capital Limited as exclusive arrangers for SAUDIA's largest aircraft leasing deal in history.
  • The deal involves arranging debt and equity financing to acquire 30 Airbus A320-200 and 20 Airbus A330-300 aircraft.
  • SAUDIA will become the first airline to operate the Airbus A330-300 Regional following an operating lease agreement with IAFC.
  • The transaction aims to provide innovative financing solutions in a Shariah-compliant manner, with a strong focus on risk-return profile.
  • Quantum Investment Bank Ltd's Chairman, Mr. Ammer Al-Selham, emphasized the bank's commitment to strengthening relationships with public and private institutions in Saudi Arabia.
  • IAFC's CEO, Moulay Omar Alaoui, highlighted the importance of this partnership in bringing industry expertise and knowledge to the table.

The deal involves acquiring 30 Airbus A320-200 and 20 Airbus A330-300 aircraft, making it a significant transaction in the aviation industry.

Statistics:

  • 30 Airbus A320-200 aircraft to be acquired as part of the deal.
  • 20 Airbus A330-300 aircraft to be acquired as part of the deal.
  • Total number of aircraft acquired: 50.
  • Expected deployment of the aircraft: In the near future.
  • Currency of the transaction: Not specified.

Sources:

  • "International Airfinance Corporation (IAFC) Appoints Quantum and Palma as Exclusive Arrangers for Saudi Arabian Airlines' Largest Aircraft Leasing Deal"
  • Saudi Arabian Airlines' press release dated June 24, 2015.
  • Quantum Investment Bank Ltd's press release dated June 24, 2015.
  • Palma Capital Limited's press release dated June 24, 2015.