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Irish Aircraft Leasing Newsletter 30 September

Irish Aircraft Leasing Newsletter 30 September

Airline Economics nominates Marie-Louise Kelly and Paul O’Dwyer as part of their 40 under 40 for the third consecutive year

ORIX Aviation announced 25 September Marie-Louise Kelly’s and Paul O’Dwyer’s nominations as part of Airline Economics 40 under 40 list for 2019. This is the third year that both Marie-Louise and Paul have been nominated.

Fitch Rates GTLK Europe’s Upcoming Guaranteed Notes ‘BB+(EXP)’

Global credit ratings agency Fitch has assigned Ireland-based GTLK Europe Capital DAC’s upcoming issue of US dollar-denominated guaranteed notes a BB+ rating, with the final rating contingent on the receipt of final documents conforming to information already received. The notes represent the direct, unsubordinated and unsecured obligations of GTLK Europe Capital and will benefit from unconditional and irrevocable, joint and several guarantees from both of GTLK and GTLK Europe, says a Fitch statement. The proceeds are earmarked for mainly general corporate purposes including the refinancing of current outstanding US dollar-denominated borrowings.

GECAS & UL launch new Women in Aviation Scholarship

GECAS and the University of Limerick School of Engineering, have announced Ireland’s first-ever Women in Aviation Scholarship to help drive increased engagement by female students in Aeronautical Engineering. Beginning this year, GECAS will provide a Scholarship each year to one qualifying first-year female student of the UL Bachelor of Aeronautical Engineering course. The successful student will be awarded a €5,000 bursary for each year of their studies, meaning a total of €20,000 will have been granted by the time of their graduation.

NAC delivered one new Embraer E190, MSN 19000769, to HOP! on lease

Nordic Aviation Capital (NAC) announced 20 September the delivery of one new Embraer E190, MSN 19000769, to HOP! on lease. This is the fourth aircraft to deliver as part of a seven aircraft lease agreement.

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