09 Mar 2021

Acumen Aviation & Infinity Trading & Solutions LLC (ITS) Announce Strategic Partnership Agreement

Dublin -09-03-2021 - Acumen Aviation (“Acumen”) and Infinity Trading & Solutions LLC (ITS) is excited to announce a new Strategic Partnership Agreement. Acumen and ITS have entered into an Aircraft and Component Services Agreement, under the terms of which, Acumen will support ITS business activities within the India region.  Through its well-established network, Acumen will support the sale and marketing of the ITS wide-ranging component inventory to the aviation industry in India and will also assist ITS in the purchase of aircraft, engine and component assets in the region. Seán O Connor – Managing Director Americas & VP-Commercial, Acumen said: "We are very pleased to support a global supply chain partner and custom solutions provider like ITS. Acumen is very well positioned with our focused team of professionals to make this a very successful partnership ". Bo Lump – Vice President of Sales, ITS said: "As ITS continues its initiative towards global expansion and Airline Operator support solutions, it is imperative that we have the right partnerships in place.  With Acumen’s team and existing relationships in India, we have now formed the best overall solution to support the region". 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. About Infinity Trading & Solutions (ITS) Infinity Trading & Solutions (ITS), established in 2002, is an expert nose to tail supply chain partner committed to supporting the global air transport industry, by delivering the best customer experience through value-added solutions. Headquartered in Chandler, Arizona, United States with offices in Ireland and Singapore. The company is a provider of aircraft components and systems. ITS services include Airframe Components, Engines, APUs & Landing Gear aircraft, delivering custom tailored component solutions under ISO9001: 2015 and AS9120B: 2016. For more information, please contact: Acumen Press Office: America Location: Miami, USA Phone: +1 954 999 8060 sean.oconnor@acumen.aero Acumen Press Office: Asia Location: Bangalore, India Phone: +91 9886886315 shobha.balaji@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.