22 Jul 2019

Irish Aircraft Leasing Newsletter 22 July

CDB Aviation Expands Board with Appointment of Stephen Kavanagh CDB Leasing announced 17^th July the appointment of Stephen Kavanagh as Non-Executive Director to its Board of Directors. Mr. Kavanagh, who currently serves as Non-Executive Director of Aer Lingus, joins directors on CDB Aviation’s board and members of the executive team to set the strategic direction for the company as it continues to face the international expansion of the business and ambitious future plans. Elix Aviation Capital Delivers ATR 42-500 MSN 633 to Afrijet Elix Aviation Capital confirmed 18 July the delivery of one ATR42-500, MSN 633, on lease to Afrijet Business Service. KBRA Upgrades Avolon Senior Unsecured Notes To BBB+ Avolon announced 15^th July that Kroll Bond Rating Agency (‘KBRA’) has upgraded the rating on its senior unsecured notes to BBB+. Six West appoints Paul Cantillon as Project Manager, Flight Operations Services Six West announced 10^th July the appointment of Paul Cantillon as Project Manager FOS, to bring additional expertise to the flight operations team. His successful track record, spanning over 25 years, in both commercial and business aviation. SMBC Aviation Capital announces Global Aviation Equipment Leasing Fund (“GAEL”) SMBC Aviation Capital announced 18^th July the launch of the Global Aviation Equipment Leasing Fund (“GAEL”). GAEL is a closed-end fund which has raised equity capital from 17 Japanese institutional investors and a secured debt financing from an internationally recognized bank. Acumen Aviation © 22 July 2019 All Rights Reserved.