17 May 2021

Irish Aircraft Leasing Newsletter 17 May

Aergo Capital announces the acquisition of twenty (20) DHC-8-Q400 aircraft Aergo Capital has completed the acquisition of twenty (20) 2003-11 Vintage DHC-8-Q400 aircraft from a major financial institution. FPG Amentum acted as agent on the deal. Aergo Capital CEO Fred Browne stated “In the near-term future, there is growing appetite from the regional traffic sector and we believe the sector will lead the recovery post COVID. As part of Aergo’s strategic focus, investment in the regional and turboprop space presents great opportunities. We are confident in our ability to place these Aircraft in the near term and are in discussions with a number of players to quickly deploy a large proportion of this fleet.” EFW receives order of four Airbus A321P2F from GTLK Europe Elbe Flugzeugwerke (EFW), has announced an order for four Airbus A321 Passenger-to-Freighter (P2F) conversions from new customer, GTLK Europe, a top-tier global leasing company based in Dublin, Ireland. Three of the four aircraft will be inducted for conversion this year, with the fourth conversion to be carried out in 2022.  “We are delighted to welcome GTLK Europe as the latest member of our growing customer base,” said Andreas Sperl, CEO of EFW. “Interest in our A321P2F conversion solution has been on a significant rise over the past one year or so, and we are committed to satisfying the growing market demand with on-time redeliveries by ramping up conversion lines with our parent company, ST Engineering.” Maples Group Launches Irish Asset Finance Offering In Singapore The Maples Group announced that it has expanded its Irish legal services offering in Asia with the launch of a new Irish Asset Finance practice in Singapore. Voyager Aviation Holdings Completes Out-Of-Court Exchange, Announces New Ownership, Board, and Rebrand Voyager Aviation Holdings announced that it has completed its previously announced exchange offer, with holders of a definitive 98.49% of the Company’s existing unsecured notes due 2021 and all of the Company’s equity holders supporting the transaction. The out-of-court transaction transfers majority ownership to a marquee investor group and enables Voyager to pivot to growth at an opportune time as the aviation industry recovers from the impact of COVID-19. In addition to the conclusion of the exchange offer, and rebranding to VAH. Acumen Aviation © 11 May 2021 All Rights Reserved. Aergo Capital announces the acquisition of twenty (20) DHC-8-Q400 aircraft Aergo Capital has completed the acquisition of twenty (20) 2003-11 Vintage DHC-8-Q400 aircraft from a major financial institution. FPG Amentum acted as agent on the deal. Aergo Capital CEO Fred Browne stated “In the near-term future, there is growing appetite from the regional traffic sector and we believe the sector will lead the recovery post COVID. As part of Aergo’s strategic focus, investment in the regional and turboprop space presents great opportunities. We are confident in our ability to place these Aircraft in the near term and are in discussions with a number of players to quickly deploy a large proportion of this fleet.” EFW receives order of four Airbus A321P2F from GTLK Europe Elbe Flugzeugwerke (EFW), has announced an order for four Airbus A321 Passenger-to-Freighter (P2F) conversions from new customer, GTLK Europe, a top-tier global leasing company based in Dublin, Ireland. Three of the four aircraft will be inducted for conversion this year, with the fourth conversion to be carried out in 2022.  “We are delighted to welcome GTLK Europe as the latest member of our growing customer base,” said Andreas Sperl, CEO of EFW. “Interest in our A321P2F conversion solution has been on a significant rise over the past one year or so, and we are committed to satisfying the growing market demand with on-time redeliveries by ramping up conversion lines with our parent company, ST Engineering.” Maples Group Launches Irish Asset Finance Offering In Singapore The Maples Group announced that it has expanded its Irish legal services offering in Asia with the launch of a new Irish Asset Finance practice in Singapore. Voyager Aviation Holdings Completes Out-Of-Court Exchange, Announces New Ownership, Board, and Rebrand Voyager Aviation Holdings announced that it has completed its previously announced exchange offer, with holders of a definitive 98.49% of the Company’s existing unsecured notes due 2021 and all of the Company’s equity holders supporting the transaction. The out-of-court transaction transfers majority ownership to a marquee investor group and enables Voyager to pivot to growth at an opportune time as the aviation industry recovers from the impact of COVID-19. In addition to the conclusion of the exchange offer, and rebranding to VAH. Acumen Aviation © 11 May 2021 All Rights Reserved.