20 Apr 2020

Irish Aircraft Leasing Newsletter 20 April

Amedeo Air Four Plus: Company Update – Emirates Amedeo Limited, that they had received written confirmation that Emirates are seeking from the Company some form of financial accommodation. The Board has asked its Asset Manager to continue its negotiation with Emirates and also with the Company’s lending banks which have financed the Group’s acquisition of the relevant six A380-800 aircraft and two Boeing 777-300ERs leased to Emirates; with a view to reaching a conclusion acceptable to all parties. CDB Aviation Adds Executives to Americas Team CDB Aviation announced the addition of new members to its commercial team based in Fort Lauderdale, Florida. Jorge Garcia has joined as Senior Vice President and Alan Mangels as Vice President, with both executives expected to support ongoing outreach efforts to airlines and reinforce the lessor’s presence in the Americas. “Jorge and Alan’s deep knowledge of both aircraft financing and aviation sectors, as well as their extensive airline relationships will bolster our position as a top-tier lessor in the region and provide critical support to airlines well into the future,” commented Luís da Silva, CDB Aviation Head of Commercial, Americas. Dynam Aviation is pleased to announce our first SLB with IndiGo IndiGo celebrated the delivery of an Airbus A321NEO aircraft. Dynam Aviation CEO Katsuhiko Ando, said "We are delighted to continue supporting IndiGo during these unprecedented times. The very fact that this delivery occurred is testament to the exceptional hard work and creative thinking of all parties involved. This is Dynam Aviation’s second aircraft on lease to IndiGo and marks the first sale and lease back transaction for the company. Acumen Aviation © 20 April 2020 All Rights Reserved.