29 Nov 2021

Acumen Aviation and SWIMS Aviation South Korea, sign partnership agreement to deliver aircraft leasing and financing courses in Korean

Dublin - 29-11-2021 - Acumen Aviation (“Acumen”) is pleased to announce that SWIMS Aviation, South Korea, has been chosen to deliver Acumen’s training courses in Korean, starting in 2022. Acumen began its training services in February 2019, sharing its wealth of knowledge so as to help sustain long term industry growth as the leasing market continues to mature.  Since then, Acumen’s training team has successfully delivered aviation specific training courses for in excess of 200 technical consultants servicing both lessor and airline customers.  As part of Acumen’s continued ambition to make quality aviation training available to all, South Korean based SWIMS Aviation has been chosen to deliver Acumen training courses in Korean language which are expected to commence in early 2022. Acumen Vice President - Training, Vishwanath Hampanna, said: "We are thrilled to welcome SWIMS Aviation as our course delivery partner in South Korea.  We aim to build an expertise in aircraft leasing ecosystem to meet the anticipated growth of aircraft leasing activities. We are confident that SWIMS will be able to deliver Acumen training programs in Korean.” SWIMS Aviation Representative Director, Jang Gyung Taek, said: "We’re very excited to announce our partnering with Acumen Aviation training courses, which are very useful for lessors, airlines and independent consultants which enhances knowledge and skill sets to carry out asset management activities. We will deliver the Acumen training programs in Korean to reach the aviation personnel based in and out of South Korea. Also, We’re very grateful to receive the authority to educate in South Korea from Acumen. It was a stepping stone for the opportunity to pioneer a new market in South Korea. By educating many students, we will teach the way to the new 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: Asia Location: Beijing, China Phone: : +861062434080 livia.liu@acumen.aero Acumen Press Office: America Location: Miami, USA Phone: +1 954 999 8060 sean.oconnor@acumen.aero Acumen Press Office: Europe Location: Dublin, Ireland Phone: +353 86 2424777 martin.corcoran@acumen.aero Acumen Press Office: South Asia Location: Bangalore, India Phone: : +91 8800701356 ankit.harbhajanka@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.