- 3 min
On 7 December 2005, Air France chose Crédit Agricole Leasing to finance the Cité du personnel navigant, a new building at Paris Charles de Gaulle airport. Crédit Agricole Leasing will be the lead manager of a pool of leasing companies for this 12-year €114.5 million deal, which was passed on to it by Calyon. Crédit Agricole Leasing will structure the deal, underwrite the financing and manage the transaction. Air France, which is one of the Air France-KLM companies, the largest air transportation group in the world, ranks third worldwide in international passenger transportation. Crédit Agricole Leasing is a subsidiary of Crédit Agricole S.A., which specialises in lease financing. It is the French market leader in property leasing. With this deal, the Crédit Agricole group has confirmed its credentials as the leading banker to the Air France-KLM group.