50 SKY SHADES - World aviation news

Aviation Finance Company reaches $6.5 billion of financing with eight sale-leaseback for Emirates

Download: Printable PDF Date: 21 Jun 2016 13:52 category:
Aviation Finance Company reaches $6.5 billion of financing with eight sale-leaseback for Emirates - Finance publisher
Tatjana Obrazcova
Country: Ireland Aircraft: Airplanes

Aviation Finance Company (AFC), a Stellwagen Group company headquartered in Dublin, has now completed over $6.5 billion of financing with the sale and leaseback of its eighth A380-800 to Emirates. This will be the second A380 that will be owned by Stellwagen.

Since its foundation three years ago, AFC has financed the delivery of aircraft for both airlines and leasing companies. Seraph Aviation Management, a Stellwagen Group company, will provide lease management services for the term of the lease.

“AFC completed its first transaction in the aviation industry precisely three years ago this month,” says Marc Bourgade, CEO of AFC. “The team we have built, combined with our low cost private placement process and our innovative financing products will help us secure even more market share. I expect our business to complete 2016 with well over $7 billion of transactions”.

Last month the Group launched Stellwagen Capital (StellCap) and the company expects to launch an initial capital raise of $1 billion in Q4 2016, which will provide secured aircraft financing to airlines and leasing companies.

“AFC’s ability to originate financing opportunities for our business will give us the ability to deploy our capital efficiently around the globe,” says Howard Millar, CEO of StellCap. “The StellCap and AFCteams are developing a pipeline of secured financing transactions with airlines and leasing companies for the launch of the Stellwagen Senior Loan Note investment opportunity in Q4, when we expect to raise $1 billion. Both airlines and leasing companies find the financing structure very attractive as it is a lower cost alternative to traditional operating leases”.

Loading comments for Aviation Finance Company reaches $6.5 billion of financing with eight sale-leaseback for Emirates...


Airbus Helicopters continues industrial transformation with Paris-Le Bourget blades site

On 1 December 2017, Airbus Helicopters celebrated the inauguration of its Paris-Le Bourget site, where  helicopter blades are now being produced for the Airbus range. The blade-specific specialis...

Ten AS565 MBe Panther helicopters in service in Mexico

On 6 December, the Mexican Navy received two final AS565 MBe Panther helicopters, completing the order of ten purchased in November 2014. Below, an overview of the qualities of this model, which has b...

Falcon Aviation celebrates first year at Dubai South FBO with IS-BAH Accreditation

Falcon Aviation is celebrating the completion of its first anniversary at its FBO in the VIP Terminal at Al Maktoum International Airport (Dubai South) with the news that it has been awarded Internati...

airBalticTraining Pilot Academy Opens Application Process

The Latvian airline airBaltic today, on December 11, 2017, opens application process for candidates to the airline’s newly established Pilot Academy at airBalticTraining. Persons selected will b...