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Qatar Airways Group Signs Inaugural Japanese Financing Agreement with Partners HSBC and JP Lease

Business

Qatar Airways Group Signs Inaugural Japanese Financing Agreement with Partners HSBC and JP Lease
Business

Business

Qatar Airways Group Signs Inaugural Japanese Financing Agreement with Partners HSBC and JP Lease

2026-10-15 11:11 Last Updated At:12:05

The airline's debut financing in Japan, structured as a Japanese Operating Lease with Call Option, covers three Boeing 787-9 Dreamliner aircraft

DOHA, Qatar, Oct. 15, 2026 /PRNewswire/ -- Qatar Airways Group has marked a major milestone in aircraft financing with the signing of its inaugural Japanese Operating Lease with Call Option (JOLCO) transaction, covering three Boeing 787-9 Dreamliner aircraft. HSBC and JP Lease Products & Services Co., Ltd. (JLPS) were integral partners in the financing, with HSBC acting as debt arranger and sole lender, and JLPS underwriting and arranging the JOLCO equity.

The signing marks the first of three transactions planned under Qatar Airways Group's inaugural JOLCO programme in Japan, supporting a total of seven aircraft. JLPS is serving as equity arranger across the programme. The transaction establishes the Group's presence in the Japanese aircraft financing market and further strengthens its financial partnerships across Asia.

The transaction represents more than a financing milestone. Qatar Airways Group's entry into the Japanese JOLCO market demonstrates confidence in the airline from a highly selective investor community that supports top-tier airline credits. This first-of-its-kind agreement represents the Group's financial strength, credibility, and ability to attract diversified sources of international capital, and sets a positive precedent for the wider investment community.

Qatar Airways Group Chief Executive Officer, Hamad Al-Khater, said: "We view the JOLCO market as a strategic long-term funding source and expect to maintain a consistent presence as we finance future fleet investments and growth opportunities."

"This transaction provides Qatar Airways with an important foothold in the Japanese financing market, offering access to a deep pool of capital on extremely attractive financial terms. It further diversifies our funding sources, broadens our investor base, and positions the Group to support its future aircraft financing requirements efficiently and competitively."

JP Lease Products & Services Co., Ltd. President and Chief Executive Officer, Teiji Ishikawa, said: "Japanese investors look first at the credit of the airline. Qatar Airways is a strong credit, and investors in Japan welcome this transaction. We are very pleased to have arranged the equity for the airline's first JOLCO. We do not see this as a single transaction. It is the start of a long-term programme, and we will continue to support Qatar Airways in the Japanese market for many years to come."

HSBC Qatar Chief Executive Officer, Abdul Hakeem Mostafawi, said: "Building on HSBC's longstanding strategic partnership with Qatar Airways Group, HSBC is pleased to support Qatar Airways Group's inaugural JOLCO. Our role as debt arranger and sole lender in this transaction demonstrates our sector expertise and ability to deliver tailored solutions that support fleet expansion, diversify funding sources, and connect leading airlines with global capital."

As Qatar Airways Group continues to expand its fleet and network, it remains focused on diversifying its funding sources and building long-term relationships with financial institutions and investors in Japan and beyond.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Qatar Airways Group Signs Inaugural Japanese Financing Agreement with Partners HSBC and JP Lease

Qatar Airways Group Signs Inaugural Japanese Financing Agreement with Partners HSBC and JP Lease

Latest Premium Laundry Solution Combines Large Washing and Drying Capacities with a Seamless, Space-Efficient Design

News Summary

  • LG Electronics begins the global rollout of the new 25-inch LG WashTower™, which joins the 24- and 27-inch models to form a complete lineup of premium laundry solutions, giving customers greater choice.
  • The new WashTower combines a compact 25-inch form factor with the ability to simultaneously wash and dry separate loads of up to 20 kilograms each.
  • Equipped with LG's core laundry technologies and AI-powered features, including AI Wash™ 2.0, AI Dry™ and AI Time Sensing, the new WashTower offers fast washing and drying, intuitive control and a refined flat design.

SEOUL, South Korea, Oct. 15, 2026 /PRNewswire/ -- LG Electronics (LG) is commencing the global rollout of the 25-inch LG WashTower™, a unified vertical laundry solution designed to balance large-capacity performance with space efficiency. Featuring an independently operated dual-drum design, the WashTower allows users to wash and dry separate loads simultaneously. The new appliance joins the existing 24- and 27-inch WashTowers to form a complete lineup, enabling customers to select the model best suited to their living space, laundry needs and lifestyle.

Balancing Capacity and Space Efficiency
LG WashTower integrates a separate washer and dryer that can operate simultaneously into a unified form factor, allowing users to manage more loads in less time. With LG's optimized drum structure and a compact footprint, the new 25-inch model combines installation flexibility with ample laundry capacity.

A Refined, Integrated Design for Modern Living Spaces
The new WashTower adopts LG's Flat design to deliver a refined, built-in-inspired aesthetic that complements a range of interiors. The integration of the Hidden Hinge Door and Push Detergent Box results in a sleek exterior that allows the appliance to blend in seamlessly with most modern living spaces. Equipped with a wide 6.8-inch touch LCD display, the WashTower's signature Center Control™ panel lets users adjust settings and check washing and drying status from a single, centrally positioned interface.

Advanced Core Technologies and AI Capabilities

Employing LG's advanced core technologies, the 25-inch WashTower delivers a fast and convenient wash-to-dry experience. TurboWash™ uses powerful water jets and rapid drum movements to help reduce washing time,1 DUAL Inverter HeatPump™ technology helps deliver drying performance while improving energy efficiency, and Turbo Dry helps shorten drying time.

For additional convenience, the WashTower's Prepare to Dry feature makes it possible to wash and dry a three-kilogram load of laundry within 120 minutes.2 Meanwhile, AI Wash™ 2.0, which is powered by LG's Artificial Intelligence Direct Drive™ (AI DD™), analyzes load weight, fabric characteristics and soil level to tailor the washing and rinsing process for enhanced cleaning and gentle fabric care.

The new WashTower further streamlines the task of laundry with its advanced smart features. AI Dry assesses fabric type, load size and humidity changes to help determine the appropriate drying time. For loads under five kilograms consisting of similar fabric types, it can also help deliver more even drying.3 By continuously updating usage data over time, AI Time Sensing can detect load characteristics to supply a more precise cycle-length estimate.4 After each cycle, the AI Laundry Report provides a summary of key information – including estimated load size, detergent usage and energy consumption – on the Center Control display. By connecting the appliance to the LG ThinQ™ app for compatible mobile devices, users can check related notifications and laundry status from almost anywhere.5

LG will commence the rollout of its new WashTower in Asia, the Middle East and Latin America later this year, with availability to follow in additional markets starting from 2027.

"With the addition of the 25-inch model, our complete WashTower lineup gives customers greater flexibility – allowing them to choose the premium laundry solution that best suits their space, needs and lifestyle," said Baek Seung-tae, president of the LG Home Appliance Solution Company. "The new WashTower shows that customers can enjoy both capacity and space efficiency. Our premium laundry solution delivers performance and convenience in a size designed to fit more homes."

1 The TurboWash option is turned on by default in the Cotton cycle.

2 Cycle time may vary depending on load size, fabric type, and selected washing or drying settings,Tested by Intertek in April 2026. Based on a 3kg real-use load, a complete wash and dry cycle was finished within 120 minutes using the Cotton wash cycle with Prepare to dry option and Cotton dry cycle (Washer: F0W5DBPKZH, Dryer: RH18W5ZVKWP). Results may vary depending on usage conditions and other factors.

3Tested by Intertek in April 2026. Compared to the Cotton cycle, reduced drying time was observed with a 3kg load of soft fabrics, while more even drying performance was confirmed for cotton-based laundry (RH18W5ZVKWP). Results may vary depending on load weight, fabric type and other conditions. AI sensing is activated for loads under 5kg. AI Dry should only be used with similar fabric types, as not all fabrics are detected.

4 Time estimates vary depending on load condition and selected cycle settings.

5 Displayed on the Center Control panel upon completion of the cycle. When the appliance is connected to the ThinQ™ app, users can also check notifications on their mobile device.

1 The TurboWash option is turned on by default in the Cotton cycle.

2 Cycle time may vary depending on load size, fabric type, and selected washing or drying settings,Tested by Intertek in April 2026. Based on a 3kg real-use load, a complete wash and dry cycle was finished within 120 minutes using the Cotton wash cycle with Prepare to dry option and Cotton dry cycle (Washer: F0W5DBPKZH, Dryer: RH18W5ZVKWP). Results may vary depending on usage conditions and other factors.

3Tested by Intertek in April 2026. Compared to the Cotton cycle, reduced drying time was observed with a 3kg load of soft fabrics, while more even drying performance was confirmed for cotton-based laundry (RH18W5ZVKWP). Results may vary depending on load weight, fabric type and other conditions. AI sensing is activated for loads under 5kg. AI Dry should only be used with similar fabric types, as not all fabrics are detected.

4 Time estimates vary depending on load condition and selected cycle settings.

5 Displayed on the Center Control panel upon completion of the cycle. When the appliance is connected to the ThinQ™ app, users can also check notifications on their mobile device.

About LG Electronics Home Appliance Solution Company

The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers' quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG's Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LG.com/global/newsroom/.

          

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

LG ELECTRONICS EXPANDS WASHTOWER LINEUP WITH NEW 25-INCH MODEL

LG ELECTRONICS EXPANDS WASHTOWER LINEUP WITH NEW 25-INCH MODEL

LG ELECTRONICS EXPANDS WASHTOWER LINEUP WITH NEW 25-INCH MODEL

LG ELECTRONICS EXPANDS WASHTOWER LINEUP WITH NEW 25-INCH MODEL

LG ELECTRONICS EXPANDS WASHTOWER LINEUP WITH NEW 25-INCH MODEL

LG ELECTRONICS EXPANDS WASHTOWER LINEUP WITH NEW 25-INCH MODEL

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