Air Lease Delivers Two Airbus A321-200s to Air Canada
Air Lease delivered two Airbus A321-200 aircraft on lease to Air Canada, the largest domestic and international airline in Canada, serving more than 210 airports on six continents.
Milestone Expands World’s Largest S-92 Fleet
Milestone Aviation Group acquired an incremental Sikorsky S-92A aircraft, MSN 920155, bringing its total S-92A fleet to 79 units. Milestone’s owned and debt-financed fleet of S-92A helicopters accounts for more than 30% of all S-92A aircraft in operation globally.
SMBC Delivers Airbus A320neo to Gulf Air
SMBC Aviation Capital delivered one Airbus A320neo aircraft equipped with two CFM Leap-1A26 engines to Gulf Air. This is the third of six A320neo aircraft to be delivered to Gulf Air, with the next delivery scheduled for September 2019.
BOC Aviation to Sell 17 Aircraft to Silver Aircraft Lease Investment
BOC Aviation signed an agreement to sell a portfolio of 17 aircraft to Silver Aircraft Lease Investment I and affiliates (SLVRR 2019-1). To finance a portion of the purchase of the aircraft portfolio, SLVRR 2019-1 has issued three tranches of notes, comprised of $443 million of 3.97% Series A notes, $73 million of 4.95% Series B notes and $32 million of 6.9% Series C notes.
Srei/Srei Equipment Consolidate, Will Continue Focus on Equipment Finance
Srei Infrastructure Finance and its wholly owned subsidiary Srei Equipment Finance approved a composite scheme of arrangement and amalgamation at a meeting of the Board of Directors. The boards of both companies decided to consolidate the lending businesses into one entity since the focus for the last four years has been on growing equipment financing and reducing the infrastructure loan portfolio.