Archives: January 2014

Aviation Finance Company Limited completes private financing for 5 Boeing 737-800 aircraft for a major international carrier

DUBLIN, January 13, 2014 – Aviation Finance Company Limited (AFC) announced the completion of the permanent financing for a large international carrier with short and long-haul operations globally. AFC played an integral role aligning interests and requirements of Boeing, the carrier and the investor. The structure of the financing strongly validates the growing role of the capital markets in aircraft financing.  “This transaction represents the core of structural changes around which AFC has built its business,” said Douglas Brennan, CEO of Aviation Finance Limited. “With current uncertainty around bank financing, we expect ECA’s to continue to play a major role, but the private placement markets represent a growing source of finance that will blossom to meet the needs of our most important customers:  investors and airlines.”

“We see the private-placement market as another important source of efficient financing for our customers.  Recognition by capital markets investors of the strong performance of aircraft-backed securities along with growing opportunities to provide finance to leasing companies and global airlines drive the growth of the private-placement opportunities.  This market should nicely compliment the EETC market by giving our customers tailored solutions to do smaller number of deliveries and yet achieve similar economics with larger transactions ,” said Kostya Zolotusky, managing director for capital markets development and leasing at Boeing Capital Corp., the manufacturer’s financing and leasing unit.  Boeing estimates that over the next 20 years, 33,000+ commercial aircraft will be manufactured globally, representing a market value (at 2010 prices) of over $4 trillion: Less than 20% of those deliveries to US airlines. Commercial aircraft financing will exceed $100 billion per year outstripping traditional funding due to shifting capital and regulatory changes.

About Aviation Finance Company Limited     AFC arranges capital for and invests in aviation businesses, financing aircraft and infrastructure critical to the development of global transportation. AFC is a complementary partnership between highly successful aviation advisory firms, large investment managers and investment banks. AFC was founded with the view that the aviation industry requires permanent and dedicated capital for financing aircraft purchases. As a reliable investment partner and financial advisor to airlines and other operators, the company prides itself on a partnership business model to support the steady growth of the transportation sector.  www.avfinco.com

Aviation Finance Company Limited completes $206 million Pre-Delivery Payment (PDP) financing for 10 Bombardier Challenger 605 aircraft for IALT SA

DUBLIN – January 15, 2014 - Aviation Finance Company Limited announced today it has completed a $206 million PDP financing for 10 Bombardier Challenger 605 aircraft for IALT SA, a leading Swiss aircraft financing, leasing and trading company.

About IALT SA   IALT is an aircraft financing, leasing and trading company based in Switzerland and fully owned by Swiss entrepreneur, Mr. Thomas Flohr.

About Aviation Finance Company Limited   AFC invests in aviation businesses, financing aircraft and infrastructure critical to the development of global transportation. AFC is a complementary partnership between highly successful aviation advisory firms, large investment managers and investment banks. AFC was founded with the view that the aviation industry requires permanent and dedicated capital for financing aircraft purchases. As a reliable investment partner and financial advisor to airlines and other operators, the company prides itself on a partnership business model to support the steady growth of the transportation sector. www.avfinco.com

Aviation Finance Company Limited complete a follow-on Pre-Delivery Payment financing for a 9th Airbus A330 aircraft, for Synergy Aerospace Corp. topping the facilities to $294 million

Synergy’s Aerospace Corp will operate A330-200 aircraft to maintain growth in the Airline Group’s long-haul routes.

DUBLIN, January 10, 2014 Aviation Finance Company Limited (AFC) announced the completion of a follow-on financing for Synergy increasing the pre-delivery payment (PDP) facilities for Synergy’s A330 orders to over $294 million. This follows the first ever multi-tranche debt capital market $263 million Pre-Delivery Payment (PDP) financing for 8 Airbus A330 completed in 2013. AFC had the PDP facility rated for insurance investors. Synergy is the majority owner of Avianca, a leading Latin American airline conglomerate. Airbus will deliver nine A330-200s to the group. The aircraft will operate in the groups’ expanding network around the globe.

About Synergy Aerospace Ltd.   Synergy Aerospace is a South American conglomerate. Headquartered in in Sao Paulo, Brazil, the Group operates Avianca Brazil throughout Brazil and controls Avianca a conglomerate of former, AviancaTaca, Aerogal, Tampa and other smaller regional airlines, that operate in the Americas and, to and from Europe. Through Synergy Aerospace’s parent company, Synergy Group, the company actively explores oil throughout the region, operates ship building facilities and operates among other businesses in oil services, transport, radiochemistry and radiopharmaceuticals.

About Aviation Finance Company Limited   AFC invests in aviation businesses, financing aircraft and infrastructure critical to the development of global transportation. AFC is a complementary partnership between highly successful aviation advisory firms, large investment managers and investment banks. AFC was founded with the view that the aviation industry requires permanent and dedicated capital for financing aircraft purchases. As a reliable investment partner and financial advisor to airlines and other operators, the company prides itself on a partnership business model to support the steady growth of the transportation sector. www.avfinco.com

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