Jolco

Viva secures first Japanese JOLCO deal to fund Airbus A321neo

Mexican carrier turned to the Japanese debt financing option as it prioritises "liquidity preservation". Mexican ultra low-cost carrier Viva (formerly VivaAerobus) closed its first-ever Japanese Operating Lease with Call Option (JOLCO) debt financing for an Airbus A321neo delivered in May, says Mitsubishi UFJ Financial Group (MUFG), the sole structuring agent and lender of the transaction.…