Dec 22, 2017

Sale & leaseback of three (3) A320-216 aircraft


Dwipo Lubis Baskoro & Partners' Aviation Team advised M&T Aviation Finance (Ireland) Limited (an Irish subsidiary of Mitsui & Co., Ltd.) ("MTI") in the sale and leaseback of three (3) Airbus A320-216 aircraft to AirAsia Berhad. The three aircraft were successfully delivered to AirAsia Berhad on 30 November 2017, 4 December 2017 and 22 December 2017 respectively. The transaction involved a complex structuring of Labuan companies arrangement.

In this deal, Dwipo Lubis Baskoro & Partners' Aviation Team again acted as the lead counsel to MTI handling the transaction and coordinating other foreign counsels act for MTI which includes Matheson (for the Irish law aspect of the deal), Tay & Partners (for the Malaysian law aspect of the deal) and K&L Gates (for the Japanese law aspect of the deal).

Other counsel involved in this deal was Bird & Bird ATMD LLP who acted for AirAsia Berhad.