18 Sep 2017

Irish Aircraft Leasing Newsletter 18 September

AerCap to Host Investor Day in New York on November 13, 2017 AerCap will host an investor day on Monday, November 13, 2017, to review the company’s strategy and operations. Moody’s Upgrades Avolon Credit Ratings Avolon announced 8 September that credit rating agency Moody’s Investors Service (Moody’s) has upgraded its corporate credit rating on Avolon Holdings Limited to Ba2 with a stable outlook. Moody’s has also upgraded the senior secured ratings of Avolon TLB Borrower 1 (US) LLC and Avolon TLB Borrower 1 (Luxembourg) S.a.r.l. to Ba1 from Ba2, and the senior unsecured rating of Park Aerospace Holdings Limited to Ba3 from B1. The outlook for each of these ratings is also stable. NAC delivered one ATR 72-600, MSN 1448, to Eastern Airways on lease Nordic Aviation Capital (NAC) announced 8 September that it has delivered one ATR 72-600, MSN 1448, to Eastern Airways on lease. This is the first aircraft to deliver as part of a two-aircraft lease deal signed earlier this year. NAC delivered one ATR 72-500, MSN 785, to Mistral Air on lease Nordic Aviation Capital (NAC) announced 7 September that it has delivered one ATR 72-500, MSN 785, to Mistral Air on lease. This brings to five the total number of aircraft that NAC currently has on lease to the airline. NAC delivered one ATR 72-600, MSN 1164, to Regional Jet OÜ on lease Nordic Aviation Capital (NAC) announced 13 September that it has delivered one ATR 72-600, MSN 1164, to Regional Jet OÜ on lease. MSN 1164 will be operated by Regional Jet OÜ for Scandinavian Airlines. Stellwagen Group Strengthens Executive Leadership Team With Two New Appointments The Stellwagen Group announced 7 September the appointment of Scott Corman to the role of Chief Executive Officer of Stellwagen Capital Limited effectively immediately, and David Butler to the role of Chief Operating Officer of the Group, effective October 1, 2017. Acumen Aviation © 18 September All Rights Reserved.