05 Oct 2020

Irish Aircraft Leasing Newsletter 5 October

Avolon Announces Pricing Of US$650 Million Senior Unsecured Notes Offering Avolon announced the successful pricing of a private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of $650 million of 5.50% senior unsecured notes due 2026.The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries. CDB Aviation Hires Cronan Enright as Head of Strategy CDB Aviation announced the addition of Cronan Enright to its Dublin-based executive team in the newly created position of Head of Strategy, reporting to Chief Investment Officer Craig Segor. CDB Aviation Chief Investment Officer Craig Segor said “I am very excited to have Cronan joining our dynamic team and bringing his wealth of experience and expertise, gained in the vital nexus between growth strategy, aircraft leasing, portfolio strategy, and aircraft marketing.” Genesis announces Peter O’Byrne to lead new Trading and Portfolio Services team Genesis announced the promotion of Peter O’Byrne to Senior Vice President of the newly formed Trading and Portfolio Services team. Peter will join the management team reporting into the CEO. Commenting on the promotion Karl Griffin, CEO of Genesis said “I have worked together with Peter for 14 years and his excellent leadership, investment and technical experience provides him with a unique blend of skills to lead this team and make an even more significant contribution to Genesis in the coming years”. Jackson Square Aviation Ireland Announces Delivery Of Three New Airbus A321neo Aircraft To Indigo Jackson Square Aviation Ireland announced the delivery of three Airbus A321neo aircraft to IndiGo. Chris Dailey, President & Chief Commercial Officer of JSA, stated "We are strong believers in the IndiGo team and their ability to continue building a dominant position in the India market in the years ahead. We are delighted to support IndiGo’s financing needs again and to count the airline as one of our largest customers." NAC delivered one new Embraer E190, MSN 19000773, to HOP! on lease Nordic Aviation Capital (NAC) announced the delivery of one new Embraer E190, MSN 19000773, to HOP! on lease. This is the final aircraft to deliver as part of a seven aircraft lease agreement. Acumen Aviation © 5 October 2020 All Rights Reserved.