Knafaim buys Airbus 319 and leases to a North American company

The deal is worth US$30 million. The aircraft has been leased to a new customer, a large airline in North America, whose name it did not disclose
 
Knafaim Holdings Limited, an Israel-based tourism and air aviation services company, announced last week that its fully owned subsidiary company, Global Knafaim Leasing Ltd., had signed a deal with an American plane leasing company for the purchase of an Airbus 319-100ER airplane, manufactured in the year 2005.
 
The deal is worth US$30 million. The aircraft has been leased to a new customer, a large airline in North America, whose name it did not disclose. The deal was made through the company's plane leasing subsidiary Knafaim Holdings Ltd.
 
Knafaim financed the purchase with a $17.5 million non-recourse loan from an Israeli bank, and the rest through a deposit from the leasing airline. The plane is leased through 2017.
 
In a press statement the company noted that the new deal will boost its fleet of leased planes to 23 and increase the annual income from the leasing of planes to US$198 million.