02 Jun 2020

Acumen Announces Bermudan CAMO Approval

Dublin – 02-06-2020:  Acumen Aviation, a leading Aircraft Asset Management Services Company is delighted to announce a further expansion of its CAMO approval with the addition of VP – Registration CAMO approval from the Bermuda Civil Aviation Authority (BCAA). This latest addition is as a direct response to our customer requirements and further bolsters  Acumen’s comprehensive CAMO suite . Acumen also currently holds approvals for Bombardier Dash 8 / Q400 series; ATR 42/72 Series; Airbus 320 Family, Airbus A330 Family; Boeing 737 Classic and NG Series. The Continuing Airworthiness Manager, Mr. John Straiton said: “This is a fantastic opportunity for Acumen to extend the CAMO services we offer our customers. I would like to thank Chris Lennon, David Lelliott and his team at the BCAA for their assistance and for working with Acumen to successfully complete this approval during these challenging times for the aviation industry.” About Acumen Aviation Acumen is an aircraft asset lease manager with a global platform, established in 2009, headquartered in Ireland with offices in India, China and the USA.  Acumen’s management team has over 300 years of cumulative experience with a permanent staff of over 90 people. Acumen offers a full range of services throughout the lifecycle of the aircraft including aircraft sourcing, pre-purchase inspections (physical and records), project management, lease management, re-marketing, fleet audits, aircraft trading, powerplant management, aircraft valuations and CAMO services. Its customers include aircraft lessors, airlines, banks, private equity and investors. For more information please contact:   Acumen Press Office: Europe                            Acumen Press Office: Europe Location: Dublin, Ireland                                   Location: Dublin, Ireland Phone: +353-1-5677106                                      Phone: +353-1-5677106 martin.corcoran@acumen.aero                        john.straiton@acumen.aero   Disclaimer: Cautionary Note Regarding Forward-Looking Statements; The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements, which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Acumen Aviation Europe Ltd core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.