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 :
Dublin Movements Blog:
Irish Spotters & NLSPOT Yahoo Lists :

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.