A wholly owned GOAL German Operating Aircraft Leasing GmbH & Co. KG (GOAL) subsidiary purchased end of December 2013 two used Airbus A340-300 from Austrian Airlines AG under lease agreement with Swiss International Air Lines AG. The two aircraft where financed with GOAL equity and with a bank loan from a German bank.
GOAL is a joint venture of KGAL GmbH & Co. KG, one of Germany’s top investment companies and a high- ranking player in the world of structured asset finance and investment participation, and Deutsche Lufthansa AG, one of the world’s premier carriers. GOAL currently owns and manages about 50 aircraft. It has a broad experience in its core business of operating leasing, technical asset management and aircraft remarketing and has proven its professional know-how since its foundation in 1998. For more information see its website at www.goal-leasing.de