02 Sep 2019
Irish Aircraft Leasing Newsletter 2 September
BBAM and Nomura Babcock & Brown Close the First Aircraft in a $1.12 Billion Combined EETC JOLCO Transaction with British Airways
BBAM Limited Partnership (BBAM) announced 26 August alongside its long-term partner Nomura Babcock & Brown Co., Ltd. (NBB), the closing of a Japanese operating lease with call option (JOLCO) transaction with British Airways for an A350-1000. This is the first JOLCO closing in a $1.12 billion transaction combining senior secured enhanced equipment trust certificates (EETC) and JOLCO equity in relation to a number of new generation British Airways operated aircraft. The transaction will provide financing for six A350-1000 aircraft and two A320neo aircraft. The deal allows the aircraft to be financed by the proceeds from the British Airways 2019-1 EETC certificates and JOLCO equity arranged by NBB and BBAM.
Fly Leasing Limited (FLY) CEO Colm Barrington on Q2 2019 Results - Earnings Call Transcript
Fly Leasing Limited Q2 2019 Earnings Conference Call August 22
Listen here
NAC delivered one new Embraer E190, MSN 19000768, to HOP! on lease
Nordic Aviation Capital (NAC) announced 23 August the delivery of one new Embraer E190, MSN 19000768, to HOP! on lease. This is the third aircraft to deliver as part of a seven aircraft lease agreement
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