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Arena Aviation Capital closes B777-200ER deal
On 29 March JP Lease Products & Services Co., Ltd. successfully closed the acquisition of two Boeing B777-200ER aircraft from AerCap Ireland Limited on lease to KLM Royal Dutch Airlines. The deal was arranged, structured and will be managed by Arena Aviation Capital B.V., which also arranged and structured the debt financing provided by Deutsche Bank.
FPG Amentum obtains JPY 11bn Credit Facility
Financial Products Group Co., Ltd the Tokyo-headquartered, listed independent financial services firm and FPG Amentum the Dublin-based aircraft leasing / management company announce the signing of a JPY 11bn Credit Facility, including JPY 8bn Dual Currency Tranche, with a group of banks for financing aircraft acquisitions by FPG Amentum. The facility, arranged by Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank, and participated by Aozora Bank, Gunma Bank, and Shizuoka Bank, enables FPG Amentum to warehouse aircraft that the company acquires for JOL transactions.
Irish Aircraft leasing: flying into the future
Click link here: Sunday Independent Feature 17 April
NAC secures purchase of Irish leasing company Aldus Aviation
Nordic Aviation Capital (NAC) announced that it is to acquire Irish aviation leasing company Aldus Aviation Limited (Aldus), the Shannon-based specialist in Embraer E-Jet operating leases. Founded in 2008, in the teeth of the recession, the business has steadily expanded and today manages a fleet of 30 E-Jet aircraft, operating with airlines around the world. Aldus will eventually operate under the NAC brand, establishing Nordic Aviation Capital as one of the largest players in the large regional jet and large turboprop sector. Aldus adds a further 30 managed regional jets to NAC’s expanding portfolio, bolstering the combined delivered fleet to a total of 294 aircraft + 48 managed. In addition, the group has a further 74 aircraft on firm order (20 E-Jet, 54 ATR).
SMBC Aviation Capital to sponsor Masters in Aviation Finance in UCD
SMBC Aviation Capital, the world’s third largest aircraft leasing company is pleased (April 12th 2016) to announce our sponsorship of a new MSc in Aviation Finance Degree which will commence in the UCD Michael Smurfit Graduate Business School in Dublin from September 2016. This will be the only degree of its type in Europe and will provide graduates with aviation and aircraft specialization. Commenting on the sponsorship, Peter Barrett, CEO of SMBC Aviation Capital said, “Our sponsorship of this programme demonstrates our support of the Irish education sector while also ensuring that we are at the forefront of the latest thinking in the areas of asset valuation and financial modelling. We will also benefit from access to a pool of highly specialist graduates. The development of this course underpins the strength of this rapidly evolving industry in Ireland.”
Irish Aviation Research Institute © 25 April 2016 All Rights Reserved