Aviation | KGAL Real Investments

Aviation
in figures

completed aircraft transactions

0 aircrafts

in active aircraft funds

0 billion EUR

of assets under management

0 billion EUR

total cumulative volume of fund financing and structured aircraft financing

public aircraft funds and private placements completed

Investment strategy

In the aviation asset class, we offer investors attractive investment solutions in aircraft leasing, with asset options tailored to their risk preferences. For more than 40 years, we’ve enjoyed direct access to strong airline partners and a modern fleet of aircraft, which has ultimately benefited our investors. Drawing on this long-standing expertise, we cover the entire aircraft leasing value chain in house: from deal initiation to finance and transaction structuring, and from active technical and commercial asset and portfolio management through to commercial exploitation. This means that, acting on behalf of our investors, we can tap the entire range of investment opportunities the aviation asset class has to offer. Given the minimal correlation between aircraft leasing and many other asset classes, investing in aviation can have a positive portfolio effect.

Airbus A320neo operated by JetSmart | KGAL APF5 | Aviation

Two long-term joint ventures with Lufthansa

In 1989, we partnered with Deutsche Lufthansa AG to launch our first joint venture, which remains successful to date. Lufthansa Leasing structures financing solutions for Lufthansa Group aircraft. It primarily implements cross-border leasing structures – an area in which the team has extensive expertise. The joint venture has realised over 500 aircraft transactions to date for Lufthansa Group airlines with a total value of €18 billion.

Since its foundation in 1998, GOAL has executed transactions for more than 400 aircraft and engines. As a result, this joint venture with Lufthansa is one of the largest operating lessors in Germany and ranks among the top 50 lessors worldwide. By drawing on GOAL’s asset expertise, marketing knowledge and global network, KGAL serves investors through successful aircraft investments based on sound, well-established concepts.

goal-leasing.com

Aviation Investment Highlights

Our partner airlines are located around the world. We facilitate and manage appropriate aviation transactions for them.

Blue: Countries where our partner airlines are based

For existing funds, the investment focus is on the most liquid aircraft

A320neo

ATR72-600

A320ceo

B737-800NG

B737-900ER

A321neo

A321ceo

A220-300

A330-300

A350-900

ATR42-600

*6x A320neo family aircraft under PDP financing

Aviation and ESG

Sustainability is an increasingly important consideration in the aviation industry, for airlines and investors alike. Investments in aviation-related products are not excluded from the EU taxonomy. With our solutions focused on the use modern, fuel-efficient aircraft and sustainable fuels, we are actively contributing to creating a more environmentally friendly aviation industry. For example, we’re involved in the production of hydrogen-based e-kerosene in Vordingborg, Denmark. Together with our partner Arcadia, we are on course to produce around 68,000 tonnes of synthetic aviation fuel (eSAF) on the site per year from green hydrogen. That’s enough for an A320 to make 1,500 flights between Munich and London.

Find out more

News & Insights

Sustainable Infrastructure | Real Estate | Company 18/03/2024

KGAL successfully closes a challenging 2023

Despite market turbulence, KGAL exceeded its earnings target in the past financial year. Highlights from 2023 include the renewable energy flagship funds KGAL ESPF 4 and ESPF 5, which continue to outperform expectations, as well as important transactions in the residential sector and new investors in the aviation segment. KGAL is well-positioned to benefit from the anticipated market recovery.