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06 Mar 2023

Irish Aircraft Leasing Newsletter

AerCap transports 13 tons of humanitarian aid to Turkey

AerCap announced it has transported approximately 13 tons of humanitarian aid to Türkiye, following the devastating earthquake. The freight, which was flown from Rotterdam to Antalya in Turkey on board an Airbus A321 aircraft, includes clothing, baby food and power generators, and will be distributed by several humanitarian aid organizations who are on the ground providing assistance in the region. AerCap CEO Aengus Kelly said "AerCap is proud to play its part in transporting emergency humanitarian aid to support the global response effort following the earthquake. Our thoughts and prayers are with the people of Türkiye and Syria at this very difficult time and all those impacted by this tragedy. We thank everyone who helped make this flight possible, including our colleagues, our partners at Southern Cross International and BBN Airlines, the Directorate General of Civil Aviation of Türkiye, Fokker Techniek and STREWREIB, and the many individuals who assisted with loading the aid on board the aircraft."

Aircastle Announces Delivery of First Boeing 737-800SF

Aircastle announced that it delivered its first Boeing 737-800 following its passenger-to-freighter conversion which was completed by Aeronautical Engineers, Inc at  KF Aerospace facility in Canada. The aircraft was delivered to Compass Cargo Airlines in Goodyear, Arizona. Aircastle's CEO Michael Inglese stated "We're pleased to celebrate this inaugural delivery and wish to thank AEI and KF Aerospace for their exceptional work on this deal.  We believe this passenger-to-freighter conversion of a B737-800 demonstrates our team's ability to create solutions and maximize the value of the mid-life portion of our narrow-body aircraft fleet."

AV AirFinance (Ireland) appoints Edel Brennan as SVP-Loan Origination (EMEA)

Dublin based AV AirFinance announced that Edel Brennan has joined AV AirFinance as Senior Vice President-Loan Origination (EMEA). Ms. Brennan will be responsible for sourcing loan opportunities and developing customer relationships across EMEA. AV AirFinance CEO Stephen Murphy said “We are delighted to welcome Edel to the team. Edel has fantastic contacts across the leasing community and brings a strong pedigree of innovative debt structuring from previous leasing roles that will be very valuable to our customer base.”


Engine Lease Finance Corporation Appoints Julian Jordan As Chief Commercial Officer

Engine Lease Finance Corporation announced the appointment of Julian Jordan as Chief Commercial Officer. ELFC President & CEO Tom Barrett said “Julian has been at the forefront of elfc’s portfolio renewal. He is a strong advocate for our ambitious environmental principles. As the elfc group now moves to the next level in our growth strategy it is vital that we have dynamic and responsible commercial leadership in place to drive our customer-centric ethos forward.”


NAC has completed a sale agreement for eight E190s and two E175s with TrueNoord

Limerick based Nordic Aviation Capital announced that it has completed a sale agreement for eight Embraer 190s and two Embraer 175s with TrueNoord.

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