
Investors in our aircraft funds bank on the potential of aviation. Over the past 30 years KGAL has undertaken numerous aircraft transactions and gained comprehensive expertise in the field of aviation. We concentrate our know-how in two joint ventures with Deutsche Lufthansa AG. KGAL’s financing competence combined with Lufthansa’s market knowledge and technical expertise ensure stable earnings from our aircraft funds.
Especially in aviation, a strong and competent partner is decisively important for realising investment value. KGAL has demonstrated its strength in over 300 aircraft transactions, 54 retail funds and over 30 private placements. The sustained and successful performance of our investments shows that KGAL is an efficient and reliable partner when it comes to investing in aircraft.
Promising investments in aircraft require comprehensive market knowledge. KGAL relies on standard, marketable types of aircraft. Most attractive and desirable are regional aircraft as well as narrow bodied aircraft with a wide operator base. Sound structuring with corresponding securities and active asset management are also decisive for investment success. This is precisely where KGAL is in a strong position, concentrating all the essential competencies for a positive and lasting performance through two joint ventures with Deutsche Lufthansa AG, Lufthansa Leasing GmbH and GOAL German Operating Aircraft Leasing GmbH & Co. KG.
GOAL is the Lufthansa and KGAL joint venture for technical supervision and aircraft marketing in our operational aircraft transactions. GOAL also has first-rate expertise in aircraft acquisitions. Active management and close, ongoing technical supervision combined with seasoned administrative expertise ensure the value maintenance and marketing potential of each individual aircraft.
Aircraft will remain an attractive asset because the long-term growth trend in aviation is set to continue. With GOAL as the asset manager and a strategic alignment to sound, profitable long-term aircraft investment, KGAL is well positioned. We will continue to be a strong partner and create further attractive investment opportunities.

Jochen Hoerger
Head of Aviation Department
E-mail Jochen.Hoerger(>@<)kgal.de
We operate two long-term joint ventures with Deutsche Lufthansa AG: Lufthansa Leasing GmbH, founded in 1989, and GOAL German Operating Aircraft Leasing GmbH & Co. KG, which handles the asset management of all operational KGAL aircraft funds.
The V.Ships Group is an international holding company and one of the world’s largest providers of ship management services. The group currently manages a fleet of over 1,000 ships employing a staff of over 24,000. For KGAL the partnership with V.Ships provides direct access to the market and to first-rate market expertise and infrastructure.
The private equity expert ACP is a wholly owned Allianz subsidiary. ACP is one of the leading European investment companies in alternative investments, and Germany’s largest private equity investor. Its business activities are in direct private equity, indirect private equity, infrastructure and renewables. ACP has offices in Munich, London, New York and Singapore. The company has been active in Germany since 1998.