Scandinavian Airlines (SAS) has secured a pre-delivery payment (PDP) financing facility covering a percentage of the pre-delivery payments that the carrier is making as part of its current aircraft order with Airbus. The PDP facility covers payments in relation to two Airbus A330-300 Enhanced and six Airbus A320neo aircraft and is structured as a revolving credit facility under which SAS may draw up to $74 million in total, with a maximum of $54 million outstanding at any time. These loans ...

Subscribe to Access this Entire Article

"SAS sets up aircraft financing " is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.