AerDragon Announces Loan Agreement with Societe Generale
(Beijing, 18 July, 2024) AerDragon Aviation Leasing Company Limited (“AerDragon”) is pleased to announce that it entered into an agreement with Societe Generale, France, to finance a portfolio of 11 aircraft on lease to six airlines from five countries. Societe Generale acted as Sole Arranger, Facility Agent, Security Trustee and Account Bank.
“Societe Generale is extremely proud to have supported AerDragon in the design and execution of this large aircraft portfolio financing, which further strengthens our relationship with AerDragon.” said Laurent Floquet, Head of Aviation Finance for EMEA & Head of Aviation Sustainability of Societe Generale”
“We are grateful for the trust and support from Societe Generale. The funds from the transaction will enable AerDragon to develop new businesses more actively.” said Gang Li, CEO of AerDragon.
About AerDragon
Founded in October 2006, AerDragon is the first Chinese company dedicated to aircraft operating leasing. The Company’s principal businesses include aircraft leasing, trading and asset management. Its customers are located in Asia, Europe and the Americas.
About Societe Generale
Founded in 1864 and headquartered in Paris, Société Générale S.A., is one of the oldest and largest French banks and a global leader in aviation finance.
Media Contact:Mr. Hu Qingjie
Tel:+86 10 64107210
E-mail:AerDragon@aerdragon.cn