German aviation bank DVB Bank has disclosed the completion of a secured financing facility for Ping An Aircraft Leasing
The loan facility was led by DVB Bank, with Korean Development Bank being the joint arranger and lender in the facility. DVB is also the facility agent and security trustee for the financing. The facility is for a new Airbus A350-900 delivered by Ping An to Vietnam Airlines under a sale-and-leaseback transaction in August 2017. Ping An Aircraft Leasing is an Irish subsidiary of Shanghai-based lessor Ping An International Financial Leasing.
NAC delivered one ATR 72-500, MSN 777, to PT Pelita Air Service on lease
Nordic Aviation Capital (NAC) announced 30 August that it has delivered one ATR 72-500, MSN 777, to PT Pelita Air Service on lease.
NAC delivered one Embraer E190, MSN 19000737, to Azerbaijan Airlines on lease
Nordic Aviation Capital (NAC) announced 26 August that it has delivered one Embraer E190, MSN 19000737, to Azerbaijan Airlines on lease. This is the final aircraft to deliver as part of a two-aircraft lease deal signed in 2017.
SILC 2017 shines the spotlight on Shannon as centre of technical excellence and innovation in aviation
On Friday 10th November, the University of Limerick will host the second annual Shannon International Leasing Conference with a distinguished audience of technical strategists and engineers from within the aviation industry. The event is sponsored by Magellan Aviation Group and Shannon IASC (the Shannon Group’s International Aviation Services Centre) and have combined forces with other aviation sector specialists located in Shannon to highlight the significant benefits that the region can offer in terms of skilled resources, commercial cost benefits and global networking opportunities.
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