06 Feb 2017

Global Aircraft Leasing Newsletter 6 February

Airstream Appointed for ATR72-500 Acquisition Airstream International Group announced it has been mandated by Novoair Ltd, Bangladesh, to source one ATR72-500 aircraft for purchase. Aviation Capital Group Announces Lease Agreement with LOT Polish Airlines for Three New Boeing 787-9s Aviation Capital Group Corp announced that it has signed long-term lease agreements with LOT Polish Airlines for three new B787-9s. These aircraft are from ACG’s order book commitment with Boeing. The first aircraft is expected to be delivered in March 2018. Biman Bangladesh issues widebody Hajj wet-lease RFP Biman Bangladesh Airlines has issued a Request For Proposals (RFP) to all aircraft owners and lessors for the wet-lease of one widebody aircraft for a three-month period commencing around July 25. The service will cover this year's Hajj season which runs from August 30 to September 4. DAE announces pricing of inaugural aircraft securitization Falcon Aerospace Limited and Falcon Aerospace USA LLC will issue $410 million of asset-backed secured term Loans. The Borrowers expect to use the proceeds to purchase 21 in-production, narrow-body aircraft. Dubai Aerospace Enterprise (DAE) Ltd will act as servicer for the transaction. Doric Purchases Two A330s for Aviation Portfolio Doric has recently added a further two Airbus A330s to its portfolio. These aircraft, on long-term leases to Asiana Airlines and Hawaiian Airlines, were purchased as a part of a portfolio for the Floreat Fixed Income SA. Falko Regional Aircraft Limited to add eleven Bombardier CRJ900NG aircraft to its portfolio from SAS Falko Regional Aircraft Limited (Falko) announced that it will add eleven (11) Bombardier CRJ900NG aircraft to its portfolio. The aircraft are being acquired from Scandinavian Airline Systems and are currently on lease to Cimber A/s in Denmark. TAM leases Saab 340B to Loganair Täby Air Maintenance, TAM, has signed a one year dry-lease deal with longstanding partner Loganair for a Saab 340B. The aircraft, msn 167, is in full passenger configuration and was previously operated by Cyprus-based Tus Airways. Currently at TAM’s main workshops in Örebro, Sweden, it will be delivered to Loganair in mid-February. Acumen Aviation © 6 February All Rights Reserved.