Finnair has secured financing, arranged by BNP Paribas, for its third Airbus A35900 XWB, which was delivered on December 30, 2015. The transaction amounts to approximately EUR 135 million, implemented using a Japanese Operating Lease with Call Option (JOLCO) structure, where the transaction amount is treated in Finnair's IFRS accounting as a loan and the aircraft as owned. The transaction is part of Finnair's diversified financing plan for its ongoing long-haul fleet renewal program, which currently consists of 19 new Airbus A35900 XWB aircraft scheduled for delivery between 2015 and 2023.