AELF Secures $31M Loan Backed By A330 Lease
Aircraft Engine Lease Finance (AELF), a US-based lessor, has finalized a $31 million loan agreement with Absa Bank Group of South Africa, backed by an Airbus A330-300 aircraft currently on lease to South African Airways (SAA). The funding arrangement represents a key financing transaction that underscores continued investor interest in widebody aircraft leased to national flag carriers.