Qatar Airways Group signs inaugural Japanese financing agreement with HSBC and JP Lease
<p><em>The airline's debut financing in Japan, structured as a Japanese Operating Lease with Call Option, covers three Boeing 787-9 Dreamliner aircraft</em></p> <p>Doha, Qatar: Qatar Airways Group has marked a major milestone in aircraft financing with the signing of its inaugural Japanese Operating Lease with Call Option (JOLCO) transaction, covering three Boeing 787-9 Dreamliner aircraft. HSBC…
Qatar Airways Group has entered into its first Japanese Operating Lease with Call Option (JOLCO) financing deal, covering three Boeing 787-9 Dreamliner aircraft. The transaction, which establishes the Group's presence in the Japanese aircraft financing market, was structured by HSBC as the debt arranger and sole lender, while JP Lease Products & Services Co., Ltd. took on the equity arranger role.
HSBC and JP Lease are the first of three partners in the Group's inaugural JOLCO programme in Japan, which aims to finance a total of seven aircraft. The transaction underscores Qatar Airways Group's financial strength and credibility, signaling confidence from a prestigious investor community that supports top-tier airline credits. It also highlights the Group's ability to attract diversified sources of international capital.
Qatar Airways Group CEO Hamad Al-Khater sees the JOLCO market as a strategic long-term funding source for the company's future fleet investments and growth opportunities. He emphasized that this transaction provides Qatar Airways with access to a deep pool of capital on attractive financial terms, diversifying its funding sources and positioning the Group to support its future aircraft financing requirements efficiently and competitively.
JP Lease President and CEO Teiji Ishikawa noted that Japanese investors look first at the credit of the airline, and Qatar Airways is a strong credit. He expressed pleasure in arranging the equity for the airline's first JOLCO and stated that they see this as the start of a long-term programme, with continued support for Qatar Airways in the Japanese market.
HSBC Qatar CEO Abdul Hakeem Mostafawi emphasized the company's strategic partnership with Qatar Airways Group and its role in supporting the Group's fleet expansion, diversifying funding sources, and connecting leading airlines with global capital. The transaction marks a positive precedent for the wider investment community as Qatar Airways Group expands its fleet and network.
Written by urgent.news from The Peninsula Qatar's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
