2 awards to Pegasus Airlines

Pegasus Airlines was deemed worthy of 2 awards in the “JOLCO-Based Leasing Agreement of the Year” and “Airline Treasury Team of the Year” categories at the 2020 Airfinance Journal Awards.

According to the statement made by Pegasus Airlines, the company was awarded 2 awards as part of the Airfinance Journal Awards, which are held annually by the Airfinance Journal, one of the world’s leading aviation publications.

It was awarded the “JOLCO Based Leasing of the Year” award for the company’s €55 million in Jolco financing for the delivery of an Airbus A321neo model aircraft, the innovative nature of the process, and the first aircraft delivered entirely remotely from a manufacturer’s production line.

Pegasus Airlines Flight Finance Team was successful in diversifying its financing channel by closing different structures such as insurance-backed financing product Balthazar financing, ECA-backed financing, and JOLCO financing for new deliveries. In addition, the team, which made some of the Boeing 737-800s exit through the sale and leaseback market, received the “Airline Treasure Team of the Year” award within the framework of this successful work.


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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

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