14 Dec 2021

Irish Aircraft Leasing Newsletter 14 December

Avolon delivers one Airbus A321neo to American Airlines Avolon announced the delivery of one Airbus A321neo to American Airlines. This is the twenty-first Avolon aircraft on lease to American Airlines. McCann FitzGerald LLP Advises AerCap in Connection with its Acquisition of 50 Percent of Shannon Engine Support McCann FitzGerald LLP advised AerCap Holdings N.V on a 20-year joint venture agreement with Safran Aircraft Engines regarding Shannon Engine Support . SES, the leading provider of spare engines for CFM International, is now a 50/50 joint company between AerCap and Safran. Lobo Leasing announces the completion of management buy-out Lobo Leasing Limited has completed a management buy-out (MBO). The company is now wholly owned by senior management Bill Wolf (CEO) and Dan Roberts (COO). This transaction demonstrates the commitment of Lobo’s management to the long-term future of Lobo as an investment arranger and manager in the vertical lift sector. Lobo Leasing CEO Bill Wolf stated “Management ownership of Lobo enables us to further develop our business of working with a variety of asset owners and investors in the market as a fully independent servicing platform. Dan and I look forward to working with our dedicated team to support our investor partners and further develop our servicing business”. Montrose Global Completes The Financing Of Two Cessna Caravan 208B Aircraft Montrose Global announced that it has arranged the acquisition of two Cessna Caravan 208B Aircraft in Canada. The aircraft have been leased to Montrose’s joint venture entity, Xcalibur Aviation Company where they will be utilised on long-term contracts providing leading edge geophysical survey services. SMBC Aviation Capital delivers Airbus A321neo to Ural SMBC Aviation Capital is pleased to announced the delivery of one (1) Airbus A321neo aircraft (MSN 10476) equipped with two (2) CFM LEAP-1A32 engines to Ural. Vmo Aircraft Leasing Leases Two A350 Aircraft to Delta Air Lines Vmo Aircraft Leasing announced the signing of a long-term lease agreement with Delta Air Lines for two Airbus A350-900 aircraft. The aircraft were delivered during October 2021. Acumen Aviation © 14 December 2021 All Rights Reserved