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AerCap Announces Closing of US$0.7 Billion New Credit Facility
AerCap Holdings N.V. announced that it has completed the closing of a new $0.7 billion secured credit facility. The facility will primarily be used to acquire new narrowbody and widebody aircraft as they deliver from Boeing and Airbus through 2017. The facility was signed to finance a portfolio of 13 aircraft and matures in 2022.
Aergo Capital buys nine aircraft
Aergo Capital has added nine aircraft to its portfolio, worth approximately $250 million, according to the operating lessor’s chief executive officer Fred Browne. The aircraft include six Airbus A320s, which are between 2006 and 2007 vintage. The units are on lease to Pakistan International Airlines (PIA) also purchased two 2011-built Boeing 737-900ERs on lease to Lion Air and one 1997-vintage 767-300ER on lease to Air Italy.
Avolon delivers one Boeing B787-9 to Hainan Airlines
Avolon announced the delivery of one Boeing B787-9 aircraft to Hainan Airlines. This is the fourth Avolon aircraft on lease to Hainan Airlines.
FLY Leasing Acquires Five Aircraft
FLY Leasing Limited announced the purchase of five aircraft. Three Boeing 787-8 Dreamliner aircraft were purchased in a sale and leaseback transaction with a leading flag carrier. The aircraft are on 12-year leases. In addition, FLY purchased two Boeing 737-800 aircraft from a South American airline, which it has leased to a leading Asian carrier on six-year leases.
SMBC Aviation Capital delivers another Airbus A321 aircraft to Beijing Capital Airlines
SMBC Aviation Capital announced that it has delivered another Airbus A321-200 aircraft on lease to Beijing Capital Airlines. This is the second A321 delivered by SMBC Aviation Capital to Beijing Capital Airlines and is the second of three aircraft contracted to deliver to Beijing Capital Airlines from the company’s order book with Airbus.
SMBC debut bond eight times over subscribed – lessor boss
Irish Aircraft lessor SMBC Aviation Capital’s debut bond issue was eight times oversubscribed, according to chief executive Peter Barrett. The company raised $500m, to be used for general corporate purposes, via the issue of guaranteed bonds with an interest rate of 2.65pc due for repayment in 2021 adding the company has a strong order book and wants to continue to grow.
Irish Aviation Research Institute © 10 August 2016 All Rights Reserved.