AerDragon Announces Purchase and Leaseback with SAS

Aviation

(Beijing – October 31, 2023) AerDragon Aviation Leasing Company Limited (“AerDragon”) is pleased to announce a purchase and leaseback transaction with Scandinavian Airlines System (“SAS”) in respect of two A320neo aircraft powered by LEAP engines. The aircraft are expected to be delivered in 2024.

“We are delighted to be part of the successful  transformation plan of SAS and  to support its sustainability strategy. SAS is the leading airline in the Scandinavian market and has been an innovator since its inception. We look forward to building a long-lasting partnership” said AerDragon’s Chief Executive Officer, Gang Li.

“We are pleased to partner with AerDragon, securing competitive financing for two A320neo to our renewed fleet of modern and fuel-efficient aircraft. It is an important part of our transformation plan, and our aim to be the driving force in sustainable aviation,” said SAS’ President & CEO Anko van der Werff.

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