Showing posts with label A321-200NEO LR. Show all posts
Showing posts with label A321-200NEO LR. Show all posts

Wednesday, 20 April 2022

Aviation Capital Group confirm financing for two Airbus A321neo LR jets for TAP Air Portugal

Aviation Capital Group confirm financing for two Airbus A321neo LR jets for TAP Air Portugal



Aviation Capital Group has confirmed a deal for the financing of two Airbus A321NEOLR aircraft for the national carrier of Portugal, TAP.  

This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility.  This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital, who provided complementary mezzanine financing.  Together, ACG and Novus were able to offer TAP an attractive and comprehensive financing solution.  

 “ACG is grateful to have had the opportunity to work with TAP and Novus on this financing.  We were able to draw upon our established relationship with Novus to effectively meld the senior and junior loans and to provide TAP with timely and efficient financing.  Moreover, we were finally able to bring to fruition ACG’s long-held desire to work with TAP again,” said Andrew Falk, Managing Director of ACG.

Mamoun Kuzbari, Chief Commercial Officer, Novus Aviation Capital said: “We are delighted to complete this transaction with both ACG and TAP, continuing to support an existing airline customer. Not only are we building on our relationship with this additional financing for TAP, but we are also very proud to have a strong foundation with ACG that will allow both parties to collaborate on future opportunities. This debt structure is an attractive value proposition and the combination of asset type and stakeholders involved makes it appealing for both Novus and Tamweel Aviation Finance, one of the industry’s leading mezzanine loan providers.”

Gonçalo Pires, Chief Financial Officer of TAP Air Portugal said: “TAP is very pleased to work with ACG and Novus on this financing and we are very confident that these two additional A321neo LR aircraft that are joining our fleet, already one of the youngest and most efficient in the world, will contribute to the success of our airline,”





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Thursday, 14 April 2022

Aviation Capital Group confirms financing for 2 Airbus A321neo LR planes for TAP Air Portugal

Aviation Capital Group has confirmed the secured financing of two Airbus A321NEO LR aircraft for TAP Air Portugal.


This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility. This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital (“Novus”), which provided complementary mezzanine financing. Together, ACG and Novus were able to offer TAP an attractive and comprehensive financing solution.


“ACG is grateful to have had the opportunity to work with TAP and Novus on this financing. We were able to draw upon our established relationship with Novus to effectively meld the senior and junior loans and to provide TAP with timely and efficient financing. Moreover, we were finally able to bring to fruition ACG’s long-held desire to work with TAP again,” said Andrew Falk, Managing Director of ACG.

“We are delighted to complete this transaction with both ACG and TAP, continuing to support an existing airline customer,” said Mamoun Kuzbari, Chief Commercial Officer, Novus Aviation Capital. “Not only are we building on our relationship with this additional financing for TAP, but we are also very proud to have a strong foundation with ACG that will allow both parties to collaborate on future opportunities. This debt structure is an attractive value proposition and the combination of asset type and stakeholders involved makes it appealing for both Novus and Tamweel Aviation Finance, one of the industry’s leading mezzanine loan providers.”

“TAP is very pleased to work with ACG and Novus on this financing and we are very confident that these two additional A321neo LR aircraft that are joining our fleet, already one of the youngest and most efficient in the world, will contribute to the success of our airline,” said Gonçalo Pires, Chief Financial Officer of TAP Air Portugal.







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Thursday, 30 December 2021

60 aircraft order for Airbus from Aviation Capital Group


The Global aircraft leasing specialists Aviation Capital Group has agreed on a deal in principle with European planemaker Airbus for 60 aircraft. The Memorandum of Understanding was signed for 20 A220s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLRs.

“We are delighted to expand our portfolio with additional A220 and A320neo Family aircraft.  These highly advanced aircraft will enhance ACG’s strategic objective to offer our airline customers the most modern and fuel-efficient aircraft available,” said Thomas Baker, CEO and President of ACG.

“The order is another gratifying endorsement of our single aisle products by one of the world’s premier aircraft asset managers, ACG and the Tokyo Century Group. It also forcefully confirms the A220 as a growingly desirable aircraft and investment in the commercial aviation landscape. We congratulate and thank ACG for its decision to select both the A220 and A320neo Families,” said Christian Scherer, Chief Commercial Officer and Head of Airbus International.

The A220 is the only aircraft purpose-built for the 100-150 seat market and brings together state-of-the-art aerodynamics, advanced materials and Pratt & Whitney’s latest-generation PW1500G geared turbofan engines. Featuring a 50% reduced noise footprint and up to 25% lower fuel burn per seat compared to previous generation aircraft, as well as around 50% lower NOx emissions than industry standards, the A220 is a great aircraft for regional as well as long-distance routes operations.

Sunday, 12 December 2021

New Airbus A321-200neo LR Aircraft for Peach Aviation

 A  new Airbus A321-200neo LR Aircraft for Peach Aviation on long term lease from Air Lease Corporation. 


Air Lease Corporation announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Peach Aviation, an affiliate of ANA based in Osaka, Japan.  Featuring CFM International LEAP-1A32 engines, this is the first of two new A321-200neo LRs confirmed to deliver to the airline from ALC’s orderbook with Airbus.  This aircraft is the first A321neo LR to join Peach Aviation’s fleet. 

“ALC is delighted to be the first to introduce the A321-200neo LR to Peach Aviation,” said Chi Yan, Senior Vice President of Air Lease Corporation.  “The A321neo LR will provide key enhancements to the airline’s fleet operations as Peach continues to add the most modern, fuel-efficient aircraft to their expanding fleet and offer the highest quality passenger experience.” 

In addition to this new A321-200neo LR, Peach Aviation currently has two A320-200neos on long-term lease from ALC.  





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