Aviation news analysis
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...


TAG Aviation Introduces First Bombardier Global 5000 Aircraft Equipped with Premier Cabin Destined for Charter Service in Europe

The long range Global 5000 aircraft will be based in Paris and represents the ninth addition to TAG Aviation’s rapidly growing managed fleet of business jets registered in Europe...


Air Astana, the flag carrier of Kazakhstan, has been recognised for 4 Star service excellence, retaining the accolade of ‘Best Airline in Central Asia and India’ in the...

Farnborough Airshow Day 2: New Airbus jetliner orders, and mission training capabilities spotlighted

Underscoring Airbus leadership Airbus continued its momentum during the Farnborough Airshow’s second day, announcing orders, commitments and agreements for single-aisle and widebody jetliners...

Airbus opens first serial production facility for Zephyr High Altitude Pseudo-Satellites.

Opening a new facility, building new crafts  New  Zephyr  currently on its maiden flight  Airbus Defence and Space has unveiled the new Zephyr S HAPS (High Alti...