16 Jan 2023

Irish Aircraft Leasing Newsletter

Aviair and Nordic Aviation Capital (NAC) have agreed to lease Dash 8-400 aircraft

Nordic Aviation Capital (NAC) reported that it has signed leasing agreements with Aviair for several Dash 8-400 aircraft. The regional carrier has its headquarters in Western Australia's Kununurra.

ESG Champion Dómhnal Slattery Named as Pure Harvest Smart Farms' New Strategic Advisor

Sky Kurtz, the founder and chief executive of Pure Harvest Smart Farms, has announced the addition of Dómhnal Slattery to the company's advisory board. Pure Harvest Smart Farms is a pioneering, sustainable technology-enabled agribusiness with a footprint growing throughout Asia. Mr. Slattery has over thirty years of expertise starting and growing international businesses. Dómhnal Slattery said “In a world rife with geopolitical challenges, food security is one of the most critical and worrisome issues facing humankind. Few companies in the world are better placed than Pure Harvest when it comes to offering viable, scalable, and impact-driven solutions to the very real, daily needs we all face. When I look at companies I work with, I look closely at the intent of the founders, their character, the problems they strive to solve and also the net contribution they make to our planet. In Sky and the Pure Harvest management team – I have found a team that shares my vision and ambition to achieve a more environmentally conscious and indeed food secure world. It is truly an exciting honour to support this stellar team at this critical juncture.”

Tánaiste attends official opening of new Avolon office in Singapore

Leo Varadkar TD, Ireland's Deputy Prime Minister (Tánaiste) and Minister for Enterprise, Trade, and Employment, attended the opening ceremony for Avolon's new office in Singapore. With the opening of the new office, Avolon will be able to better service its regional airlines and become more relevant in Singapore, which is becoming a centre of excellence for aviation financing. Tánaiste Leo Varadkar said “It is great to join the Avolon team in Singapore for the opening of their new offices. The company’s expansion from a start-up in 2010 to one of the leaders in its industry is a great Irish success story. Ireland has developed into a centre of aviation finance excellence, and it is exciting to see how Avolon’s global expansion is developing.”

Vmo Aircraft Leasing Purchases One A350-900 on Lease to Asiana Airlines

Vmo Aircraft Leasing announced the purchase of one Airbus A350-900 aircraft from ABC Leasing. The aircraft is on lease to Asiana Airlines. Vmo Aircraft Leasing’s Senior Vice President and Head of Asia Pacific Marilyn Gan stated “This transaction marks the commencement of a new airline relationship with one of the largest airlines in South Korea and an increasingly important player in the East Asian region.”

Wizz Air and Dynam Aviation agree to a sale and leaseback

Two Airbus A321neo aircraft powered by Pratt & Whitney PW1100G engines have been ordered by Wizz Air under a sale and leaseback agreement for delivery this year according to Dynam Aviation Ireland.

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