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Waselius & Wist advised Nomura, Babcock & Brown as purchaser and lessor and BBAM Aircraft Management as arranger in the Finnish law aspects of the sale and leaseback of an Airbus A350 Aircraft with Finnair. The Aircraft was leased back to Finnair, the largest airline of Finland, for its operation for the initial period of 12 years, with an immediate positive cash effect in excess of 100 million euros.
BBAM is the leading provider of asset origination and management services in the aircraft leasing industry. In the end of March 2020, BBAM had over USD 28.9 billion of assets under management.