Monday, 25 April 2016

Irish Aircraft Leasing Newsletter 25 April 2016

                                                 
Dublin Airport 
Arena Aviation Capital closes B777-200ER deal
On 29 March JP Lease Products & Services Co., Ltd. successfully closed the acquisition of two Boeing B777-200ER aircraft from AerCap Ireland Limited on lease to KLM Royal Dutch Airlines. The deal was arranged, structured and will be managed by Arena Aviation Capital B.V., which also arranged and structured the debt financing provided by Deutsche Bank.

FPG Amentum obtains JPY 11bn Credit Facility

Financial Products Group Co., Ltd the Tokyo-headquartered, listed independent financial services firm and FPG Amentum the Dublin-based aircraft leasing / management company announce the signing of a JPY 11bn Credit Facility, including JPY 8bn Dual Currency Tranche, with a group of banks for financing aircraft acquisitions by FPG Amentum. The facility, arranged by Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Trust Bank, and participated by Aozora Bank, Gunma Bank, and Shizuoka Bank, enables FPG Amentum to warehouse aircraft that the company acquires for JOL transactions.

Irish Aircraft leasing: flying into the future

Click link here: Sunday Independent Feature 17 April 

NAC secures purchase of Irish leasing company Aldus Aviation

Nordic Aviation Capital (NAC) announced that it is to acquire Irish aviation leasing company Aldus Aviation Limited (Aldus), the Shannon-based specialist in Embraer E-Jet operating leases. Founded in 2008, in the teeth of the recession, the business has steadily expanded and today manages a fleet of 30 E-Jet aircraft, operating with airlines around the world. Aldus will eventually operate under the NAC brand, establishing Nordic Aviation Capital as one of the largest players in the large regional jet and large turboprop sector. Aldus adds a further 30 managed regional jets to NAC’s expanding portfolio, bolstering the combined delivered fleet to a total of 294 aircraft + 48 managed. In addition, the group has a further 74 aircraft on firm order (20 E-Jet, 54 ATR).

SMBC Aviation Capital to sponsor Masters in Aviation Finance in UCD

SMBC Aviation Capital, the world’s third largest aircraft leasing company is pleased (April 12th 2016) to announce our sponsorship of a new MSc in Aviation Finance Degree which will commence in the UCD Michael Smurfit Graduate Business School in Dublin from September 2016. This will be the only degree of its type in Europe and will provide graduates with aviation and aircraft specialization. Commenting on the sponsorship, Peter Barrett, CEO of SMBC Aviation Capital said, "Our sponsorship of this programme demonstrates our support of the Irish education sector while also ensuring that we are at the forefront of the latest thinking in the areas of asset valuation and financial modelling. We will also benefit from access to a pool of highly specialist graduates. The development of this course underpins the strength of this rapidly evolving industry in Ireland."

Irish Aviation Research Institute © 25 April 2016 All Rights Reserved

Irish Commercial Aircraft Update 25-04-2016

                                               
Dublin Airport Terminal 1 
The information contained is sourced  from a variety of sources, though particular credit must be given to the following sites, which are very highly recommended.

Chris Witt/Skyliner : http://www.skyliner-aviation.de/
Dublin Movements Blog: http://notam-ireland.blogspot.ie/
Irish Spotters & NLSPOT Yahoo Lists
Planespotters.net : http://www.planespotters.net/

EC-MKX Airbus A319-111 c/n 3054 Vueling Airlines Delivered Dublin-Barcelona 18/04/16 ex EI-EPT.

EI-EPU Airbus A319-111 c/n 3102 Vueling Airlines Ferried Ostrava-Dublin 20/04/16 after paint prior delivery to become EC-MKV.

EI-FNV Airbus A319-132 c/n 1952 SMBC Aviation Capital Registered at Dublin 20/04/16 ex N477TA.

EI-FPE Candair CRJ900 c/n 15402 Cityjet Delivered Montréal-Mirabel International-Keflavik-Stockholm Arlanda 22/04/16 in SAS Airlines colours.

EI-FRF Boeing 737-8AS/W c/n 44732 Ryanair Delivered Boeing Field-Dublin 14/04/16.

EI-FRG Boeing 737-8AS/W c/n 44737 Ryanair Delivered Boeing Field-Dublin 19/04/16.

HL8063 Boeing 737-8AS/W c/n 37519 Jeju Air Delivered Dublin-Baku-Heydar Aliyev International-Incheon International 19/20-04/16 ex EI-EBB.

N477TA Airbus A319-111 c/n 1952 WBFN Ferried Mojave-Bangor-Dublin 17/18-04/16 in basic TACA Airlines colours.

PR-AIV Airbus A330-243 c/n 532 Azul Linhas Aéreas Ferried Viracopos International-El Salvador International 12/04/16 for Turkish Airlines as TC-JNY ex EI-FFR.

Irish Aviation Research Institute © 25 April 2016 All Rights Reserved.

Dublin Airport tops Skyscanner list for flight self connections in Europe

                                                 
 
Global travel search engine Skyscanner reveals the top airports that travellers are choosing to self-connect through, with Dublin, Los Angeles’ LAX and Singapore’s Changi airport topping the list for their respective regions.

Skyscanner's data revealed 28% of seats booked at Dublin airport are part of self-connect trip. Self-connect passengers are those who build their own itinerary, travelling on two separate tickets often with different carriers to save money or for stop-over tourism.

The US and Europe are better known for the prevalence of low cost carriers, a key facilitator of self-connections, and both Dublin and LAX will be pleased to see that they represent popular choices for passengers pursuing this option.  While the development of budget airlines in Asia has been slower, Singapore’s Changi is fast becoming a popular self-connection point, something which will no doubt increase in years to come as discount carriers gain a stronger presence in the region.

The data shows that self-connections are on the rise, with the average percentage of users choosing to self-connect over taking a flight route with a single carrier last year increasing to 12.6%, up from 11.6% the year previously.

The analysis is based on data collected from the search engine’s 50 million monthly users searching for flights, and is accompanied with an Infographic report breaking down the top self-connect airports by region.

Hugh Aitken, Commercial Director at Skyscanner commented, “In the age of the savvy traveller, and with the growth of low cost carriers, an increasing number of passengers are more aware of their options, choosing to self-connect their travel as a result. For both airports and airlines, having a full picture of the searches and bookings passengers are making, including their preferences for connections, routes and pricing, is essential if they are to capitalize on the market.”

The analysis of self-connections was based on data produced by Skyscanner’s cutting-edge Travel Insight tool. The data crunching tool, developed by Skyscanner’s dedicated B2B Unit Skyscanner for Business, allows businesses to learn key insights from the travel planning process of their potential flight customers from the global search data captured through the metasearch engine’s 50 million monthly visitors.

Irish Aviation Research Institute © 25 April 2016 All Rights Reserved.

Monday, 18 April 2016

Irish Commercial Aircraft Update 18-04-2016

                                                 
Air Berlin Airbus A320 Dublin Airport 
The information contained is sourced  from a variety of sources, though particular credit must be given to the following sites, which are very highly recommended.

Chris Witt/Skyliner : http://www.skyliner-aviation.de/
Dublin Movements Blog: http://notam-ireland.blogspot.ie/
Irish Spotters & NLSPOT Yahoo Lists
Planespotters.net : http://www.planespotters.net/#

EI-DOH Boeing 737-31S c/n 29056 Transalpine Leasing Ferried Prague-Istanbul 08/04/16 in Transaero Airlines colours.

EI-ETN Airbus A319-111 c/n 1654 Rossiya Airlines Ferried Pulkovo Airport-Norwich 07/04/16 on return to lessor.

EI-FHF Boeing 737-8FZ/W c/n 34954 Norwegian Air International Ferried Budapest-Shannon-Bangor-Mexico City 10/04/16 in all white colours for Aeromexico.

EI-FPD Candair CRJ900 c/n 15401 Cityjet Delivered Montréal-Mirabel -Keflavik-Helsinki 08/04/16 in SAS Airlines colours.

EI-FRE Boeing 737-8AS/W c/n 62691 Ryanair Delivered Boeing Field-Dublin 11/04/16.

EI-LED Airbus A321-211 c/n 6726 Sky High Leasing Ferried Teruel Airport-Cambridge 09/04/16 in Transaero Airlines colours.

EI-LNJ Boeing 787-9 c/n 37308 Norwegian Long Haul Delivered Paine Field-London Gatwick 14/04/16.

EI-SVX Airbus A321-211 c/n 6817 Sky High Leasing Ferried Teruel Airport-Cambridge 11/04/16 in Transaero Airlines colours for painting.

OO-TUK Boeing 737-86J/W c/n 36119 TUI Airlines Belgium Delivered Woensdrecht-Brussles 08/04/16 ex EI-UNK.

VN-A141 Boeing 777-2Q8 c/n 28688 Alitalia Ferried Don Mueang International-Tân Sơn Nhất International 09/04/16 after paint prior delivery to become EI-FNI.

Irish Aviation Research Institute © 18 April 2016 All Rights Reserved.

Irish Aircraft Leasing Newsletter 18 April 2016

                                                 
Airbus A350-900 Dublin Airport 
AerCap Leased, Purchased and Sold 131 Aircraft in the First Quarter 2016

AerCap Holdings N.V announced its major business transactions for 2016Q1. Signed lease agreements for 100 aircraft, including 23 widebody and 77 narrowbody aircraft. Purchased 6 aircraft, including 5 Boeing 787-9s and 1 Boeing 737-800. Executed sale and part-out transactions for 25 aircraft, including 3 Airbus A320-200s, 1 Airbus A321-100, 3 Boeing 737NGs, 1 Boeing 737 classic, 2 Boeing 747-400s, 2 Boeing 757-200s, 3 Boeing 777-200ERs and 4 Bombardier CRJ-900s from AerCap’s owned portfolio, and 1 Airbus A330-300, 1 Airbus A340-300, 2 Boeing 737 classics, 1 Boeing 757-200 and 1 Boeing 777-200ER from AerCap’s managed portfolio. Signed financing transactions for $0.1 billion in the first quarter 2016. We also closed a $0.7 billion credit facility in April 2016.

Amedeo Air Four Plus Limited Acquisition Of Asset

Amedeo through its wholly-owned subsidiary AA4P Zeta Limited (“AA4PZ”), on 13 April 2016 purchased directly from Airbus one A380 aircraft bearing manufacturer’s serial number 208 at a net cost to the Company of US$275 million. In accordance with the Investment Process outlined in the Prospectus, the Aircraft is the Sixth Asset to be acquired by the Company. Following acquisition of the Aircraft, AA4PZ entered into Aircraft Operating Lease arrangements with Emirates pursuant to which the Aircraft has been leased to Emirates for a term of 12 years, with fixed lease rentals for the duration. Following this purchase, the Company therefore now owns six A380s which have all been leased to Emirates.

Avolon delivers one Airbus A320-200 to Thai AirAsia

Avolon announced the delivery of one Airbus A320-200 aircraft to Thai AirAsia. This is the second Avolon aircraft on lease to Thai AirAsia.

Avolon delivers one Boeing 787-9 to Virgin Atlantic

Avolon announced the delivery of one Boeing 787-9 aircraft to Virgin Atlantic. This is the third Avolon aircraft on lease to Virgin Atlantic.

Avolon proud to be industry partner of new MSc in Aviation Finance

Europe’s only MSc in Aviation Finance launched at the UCD Michael Smurfit Graduate Business School. Avolon attended the launch of the new Masters Degree in Aviation Finance at the UCD Michael Smurfit Graduate Business School. Avolon is an industry partner of the new degree and believes the course will help sustain Ireland’s position as the world’s largest centre for aviation finance and leasing. The new course will develop student’s understanding of all aspects of aviation finance, with a specific focus on the practical features of global aviation markets.

Irish leaders key to aircraft leasing sector

Op Ed by Joe Gill director of corporate broking with Goodbody Stockbrokers. To read see here

University College Dublin Michael Smurfit Graduate Business School Announces Norman C.T. Liu Aviation Scholarships

University College Dublin Michael Smurfit Graduate Business School Announces Norman C.T. Liu Aviation Scholarships to Support Graduate Students Pursuing Master’s Degree in Aviation Finance. The University College Dublin (UCD) Michael Smurfit Graduate Business School today announced that GE Capital Aviation Services (GECAS) Chairman Norman C.T. Liu has generously established a €100,000 scholarship fund to support students enrolled in the school’s new master’s program in aviation finance. The Norman C.T. Liu Aviation Scholarships will be awarded to eight full-time students from Asia, Africa, the Middle East or Latin America over the next five years.

UCD Smurfit School introduces Europe’s first Masters in Aviation Finance

UCD Michael Smurfit Graduate Business School has launched Europe’s first Masters in Aviation Finance to support the development of the next generation of aviation lessor management talent to ensure Ireland remains a global leader in the sector. The course was launched at UCD Smurfit School by Willie Walsh of IAG in the presence of other global leaders in aviation. Ireland has carved out a leadership position in aviation finance and today 50% of the world’s leased aircraft are owned and managed from Ireland with over 1,000 people directly employed. The industry contributes €4.1 billion to the economy comprising €1.9 billion directly from aviation, €1.3 billion through the supply chain, and a further €900 million from associated spending by people employed in the sector. With the sector expected to double in scale in the next twenty years, UCD Smurfit School’s decision to introduce a Masters in Aviation Finance will enable Ireland to support the further development of this important industry for the Irish economy and assert its position as a global hub for the sector.

Irish Aviation Research Institute © 18 April 2016 All Rights Reserved

Monday, 11 April 2016

Irish Aircraft Leasing Newsletter 11 April 2016

                                                 
EI-FGY Airbus A319 
AerCap Holdings N.V. to Release First Quarter 2016 Financial Results on May 12, 2016
AerCap Holdings N.V.  announced today that it will host a conference call and webcast for investors and analysts at 9:00 a.m. Eastern Standard Time on Thursday, May 12, 2016 to review its first quarter 2016 financial results. AerCap's first quarter 2016 earnings press release will be released before financial markets open in the United States on May 12, 2016

Airbus A330neo Best Fit for Asian Travel Demand, Avolon Says

Avolon is in talks with carriers keen to add Airbus Group SE’s A330neo to their fleets and may increase orders for the new wide-body jet as Asian travel demand spikes. China will become the “single-most important market” for plane-leasing companies over the next five years, with the A330neo suited for Asia as intra-continental and longer haul flights proliferate, said Chief Executive Officer Domhnal Slattery in an Bloomberg interview.

IBA opens Dublin Office

Aviation finance is a great success story for the Irish economy and leading aviation consultancy IBA (International Bureau of Aviation) has chosen Dublin to open its latest office as part of an expansion programme to provide its expert consulting and analysis in strategic locations worldwide. Phil Seymour, CEO of IBA, comments on the organisation’s decision to locate a team in Dublin: “Given both the sizeable percentage of our current clients who are based in Dublin, and the continuing arrival of international investors and lessors, Dublin expansion was a straightforward commercial decision. Nowadays, according to the Irish Aviation Research Institute, Ireland based aircraft leasing companies manage $150 billion in assets which accounts for 19% of the global fleet, around 19,000 aircraft. So it is essential for IBA to position our services at the heart of this vibrant community.”

Jackson Square Aviation Ireland Announces Delivery of One New Airbus A320-200 Aircraft To Vietjet Air

Jackson Square Aviation Ireland Limited (JSAI), a full-service aircraft leasing company based in Dublin, Ireland, is pleased to announce the sale leaseback of a new Airbus A320-200 aircraft to VietJet Air (VietJet). This is the third aircraft that JSAI has leased to VietJet.

SMBC Aviation expands footprint in Asia market 

SMBC Aviation continues to expand it's footprint in Asian market completing a sale and lease back contract on a brand new A320 with Thai Air Asia and delivered one Boeing 737-800 to Jeju Air.

Irish Aviation Research Institute © 11 March 16 All Rights Reserved

Irish Commercial Aircraft Update 11-04-16

                                                 
Ryanair Boeing 737-800s at Dublin 
The information contained is sourced  from a variety of sources, though particular credit must be given to the following sites, which are very highly recommended.

Chris Witt/Skyliner : http://www.skyliner-aviation.de/
Dublin Movements Blog: http://notam-ireland.blogspot.ie/
Irish Spotters & NLSPOT Yahoo Lists
Planespotters.net : http://www.planespotters.net/

EC-MKX Airbus A319-111 c/n 3054 Vueling Airlines Registered at Dublin 04/04/16 ex EI-EPT.

EI-EBT Boeing 737-8AS/W c/n 35000 T´Way Air Ferried Bournemouth-Dublin 05/04/16 after paint prior delivery to become HL8069.

EI-ETO Airbus A319-111 c/n 1679 Rossiya Airlines Ferried Pulkovo Airport-Norwich 04/04/16 on return to lessor.

EI-ETP Airbus A319-111 c/n 1753 Rossiya Airlines Ferried Pulkovo Airport-Norwich 01/04/16 on return to lessor.

EI-FMU Airbus A319-111 c/n 2122 Volotea Airlines Delivered Shannon-Palma-Nates 01/04/16 ex 9H-AEH.

EI-FND Boeing 737-86J/W c/n 37742 Izmir Airlines painted at Shannon in full Pegasus Airlines colours 01/04/16 to become TC-IZK.

EI-FRC Boeing 737-8AS/W c/n 62690 Ryanair Delivered Boeing Field-Dublin 31/03/16.

EI-FRD Boeing 737-8AS/W c/n 44738 Ryanair Delivered Boeing Field-Dublin 06/04/16.

EI-RUZ Boeing 767-3Q8 c/n 30048 AerCap Air Test at Shannon 04/04/16 in Transaero Airlines colours for Condor Airlines.

EI-XLD Boeing 747-446 c/n 26360 VEBL 767-300 Leasing Ferried Teruel Airport-Tel Aviv 04/04/16 in Transaero Airlines colours by Azur Aviation.

EI-XLE Boeing 747-446 c/n 26362 Rossiya Airlines Delivered Dublin-Moscow Domodedovo 01/04/16.

LN-LNH Boeing 787-8 c/n 36526 Norwegian Long Haul Registered 06/04/16 ex EI-LNH.

HL8062 Boeing 737-8AS/W c/n 33634 Jeju Air Delivered Dublin-Baku-Incheon 05/6-04/16 ex EI-DYT.

Irish Aviation Research Institute © 11 April 2016 All Rights Reserved.

Monday, 4 April 2016

Irish Aircraft Leasing Newsletter 4 April 2016

                                                 
Aer Lingus Airbus A320
Avolon redelivers one Airbus A320-200 to VietJet Air and one Airbus A330-300 aircraft to Garuda Indonesia

Avolon announced the delivery of one Airbus A320-200 aircraft to Vietjet Air and one Airbus A330-300 aircraft to Garuda Indonesia. This is the second Avolon aircraft on lease to VietJet Air and the seventh Avolon aircraft on lease to Garuda Indonesia.

AWAS delivers fifth planned new A320 passenger aircraft on lease to Aegean Airlines

AWAS announced that it has delivered one new A320 passenger aircraft to long-time customer Aegean Airlines. This aircraft was previously ordered by the airline directly from the manufacturer and is part of a multiple aircraft Purchase and Leaseback transaction announced in early 2015 with AWAS.

AWAS delivers second of four planned new A320 passenger aircraft to long-time customer VivaAerobus

AWAS announced that it has delivered the second of four planned new A320 passenger aircraft to its customer, VivaAerobus, purchasing the aircraft the airline had previously ordered from the manufacturer and then placing it with them on a long term lease. The delivery of these new A320s from a PLB deal agreed in 2015 is the next important step to define the future of VivaAerobus.

GE Capital Aviation Services Delivers First of Six New Leased Boeing 737-800s to Air India Express

GE Capital Aviation Services (GECAS) announced the delivery of a new leased Boeing 737-800 aircraft to new customer Air India Express to expand the carrier’s fleet. Five more new 737-800 aircraft are scheduled for delivery to the airline later this year.  All are part of GECAS’ existing order book with Boeing.

Irish Aviation Research Institute © 4 April 2016 All Rights Reserved

Irish Commercial Aircraft Update 04-04-16

                                                 
Aer Lingus Airbus A320
The information contained is sourced  from a variety of sources, though particular credit must be given to the following sites, which are very highly recommended.

Chris Witt/Skyliner : http://www.skyliner-aviation.de/
Dublin Movements Blog: http://notam-ireland.blogspot.ie/
Irish Spotters & NLSPOT Yahoo Lists
Planespotters.net : http://www.planespotters.net/

EI-FJK Boeing 737-8JP/W c/n 42072 Norwegian Air International Delivered Boeing Field-Oslo 24/03/15.

EI-FMW Airbus A320-232 c/n 5158 IndiGo Airlines Delivered Shannon-Sabiha Gökçen International-Delhi 29/03/16 to become VT-IDT.

EI-FOY Boeing 737-8AS/W c/n 44728 Ryanair Delivered Boeing Field-Dublin 24/03/16.

EI-FOZ Boeing 737-8AS/W c/n 44731 Ryanair Delivered Boeing Field-Dublin 29/03/16.

EI-FPC Candair CRJ900 c/n 15400 Cityjet Delivered Montréal-Mirabel-Keflavik-Helsinki  31/03/16 in SAS Airlines colours.

EI-FRB Boeing 737-8AS/W c/n 44726 Ryanair Delivered Boeing Field-Dublin 30/03/16.

EI-UNL Boeing 777-312 c/n 28515 Stecker Ltd Ferried Teruel Airport-Singapore 31/03/16 in Transaero Airlines colours by Azur Aviation.

G-NRWY Boeing 737-8JP/W c/n 39024  Norwegian Air UK Entered service 28/03/16 London Gatwick-Copenhagen-London Gatwick ex EI-FHI.

M-ABIS Boeing 737-76N c/n 30133 GECAS Ferried Shannon-Keflavik 31/03/16 for Southwest Airlines.

OY-RUG ATR72-202 c/n 509 Danish Air Transport Ferried Kaunas-Dublin 27/03/16 on summer-lease to Stobart Air.

2-TBXO Boeing 737-8Q8 c/n 30039 AerCap Registered Amsterdam 26/03/16 in TACV colours ex D4-CBX.

9H-GTC Boeing 737-406 c/n 27001 Aerotron Ireland To be ferried Kaunas Airport-Cardiff 31/03/16 ex OM-GTC.

Irish Aviation Research Institute © 4 April 2016 All Rights Reserved.