01 Feb 2021
Irish Aircraft Leasing Newsletter 1 February
ACIA Aero Leasing transitions four aircraft to Sahel Aviation Service
ACIA Aero Leasing has completed the transition of four aircraft to Sahel Aviation Service in Mali. The deliveries include two Embraer ERJ-145s and two Beechcraft B1900D aircraft and took place over the last three months.
Aircastle Announces Pricing of $750 Million Aggregate Principal Amount of Senior Notes
Aircastle Limited announced today the pricing of its 2.850% senior notes due 2028 at an issue price of 98.543%. Aircastle plans to use the net proceeds of the offering for general corporate purposes, which may include the repayment, refinancing or redemption of its existing indebtedness.
Milestone Aviation and NHV Group expand partnership with first Airbus five-bladed H145 helicopter
The Milestone Aviation Group announced an expansion of their partnership with the provision of two Airbus five-bladed H145 helicopters to support the operator’s contract with Germany’s Federal Armed Forces’ training program at Laupheim in Southern Germany. Sebastien Moulin, Head of Europe & Americas at Milestone, said, “We are delighted to support NHV as they continue to grow their operations. In particular, we are pleased to add not only our first five-bladed H145 but the first for NHV. We have worked with the NHV team for over eight years and now have a total of eight aircraft on lease covering a wide range of missions ranging from Oil & Gas transportation services, to emergency services, windfarm maintenance and now military training. The ability to provide such tailor-made solutions is a key differentiator for Milestone and illustrates the depth of service capability we offer. We look forward to further developing our partnership with NHV and continuing to be a trusted leasing partner and advisor.”
Nordic Aviation Capital strengthens Board of Directors
Nordic Aviation Capital announces the appointment of new Independent Directors to its Board alongside a simplification of its governance structure. NAC has operated successfully for many years with a Strategic Advisory Committee comprising shareholder representatives and external advisors, and a Board of Directors comprising members of the Committee together with executive management. The Committee and the Board have been chaired by Martin Møller, the Company’s founder. In order to ensure a governance structure, which is efficient and adapted to the current challenges, the committee is being dissolved, and the Board is being strengthened as the sole governing body with its independence enhanced. Rod Sheridan, Justin Bickle, Phil Bolger, Martin Cooke and Paul O’Donnell will join the Board with immediate effect.
SMBC Aviation Capital delivers Airbus A321 aircraft to Delta Air Lines
SMBC Aviation Capital announced the delivery of one (1) Airbus A321 aircraft (MSN 10018) equipped with two CFM56-5B3/3 engines to Delta Air Lines. This is the second A321 aircraft to deliver to Delta as part of an eight (8) aircraft transaction.
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