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Irish Aircraft Leasing Newsletter 13 June

Irish Aircraft Leasing Newsletter 13 June

Avolon recognised for its sustainability leadership

Avolon was recognised for its sustainability leadership at the Airline Economics Aviation 100 Deals of the Year awards at an awards ceremony at the Royal Dublin Society in Dublin. Avolon was awarded the inaugural Sustainability Overall Deal of the Year distinction for its 500 VX4 eVTOL aircraft order and for its subsequent placement progress with leading global airlines and transportation companies such as GOL and Grupo Comporte in Brazil, Japan Airlines in Japan, AirAsia in Southeast Asia, and with Gözen Holding in Turkey. As a result of this activity, Avolon has now fully placed the entirety of its initial VX4 orderbook, with the orderbook being oversubscribed by 50 options.

CDB Aviation Names Brian Dowling Chief Technical Officer  

CDB Aviation announced the appointment of Brian Dowling as Chief Technical Officer. CDB Aviation’s Chief Executive Officer Patrick Hannigan said “Brian has led our technical team during this past year, exhibiting a profound understanding of our platform’s unique technical requirements. It’s no easy task in any environment to gauge and respond to business requirements in this area. The notable results he and his team have achieved under his leadership leave no question as to Brian’s capabilities. We’re thrilled to welcome him to our leadership team.”

Elix Aviation Delivers a Dash 8-100 to Renegade Air Ltd

Elix Aviation announced the sale and delivery of one Dash 8-100 MSN 361 to Renegade Air Ltd, with this new delivery, Elix Aviation continues to expand in the African market.

Griffin Global Asset Management Announces the Delivery of an Airbus A321neo Aircraft to IndiGo

Griffin Global Asset Management announced the delivery of an Airbus A321neo aircraft to IndiGo. This aircraft is the first of five purchase and leaseback transactions mandated for Airbus A321neo aircraft scheduled to be delivered to IndiGo during May and June of 2022.

Walkers Advises CK Asset Holdings on the US$4bn Sale of AMCK Aviation to Carlyle Aviation Partners

Walkers’ Corporate M&A Group has acted as Irish counsel, alongside lead advisors Clifford Chance, on CK Asset Holdings’ US$4bn sale of AMCK Aviation’s portfolio of aircraft to an investment vehicle managed by Carlyle Aviation Partners. The deal involved the sale of over 120 aircraft as well as an order book of 20 committed aircraft. This was a strategic disposal for CK Asset Holdings, representing its exit from the aircraft leasing sector, with the working capital generated from the proceeds of sale enabling it to enhance its strategic focus

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