Aviation Finance Company (AFC) closed a senior secured private placement of $180 million for two new Boeing 787-8 Dreamliner Aircraft, the company announced today. This is the second private placement closed for AWAS within the last year. The Boeing 787 Dreamliner is a long-range, mid-size dual aisle, twin engine jet airliner and is considered Boeing’s most fuel efficient aircraft. The aircraft will be owned by AWAS and leased to Kenya Airways.
“Our collaborative approach with clients and investors enables us to efficiently raise and deploy capital, creating a compelling case for alternative sources of financing in the aviation sector,” commented Douglas Brennan, CEO of AFC. “It’s very gratifying to deliver to our clients the creative financial solutions that support where they want to take their businesses.”
Simon Glass, AWAS CFO said, “AFC’s demonstrated strength in accessing capital markets has created new options that were not readily available to us previously. We are pleased to continue working with Doug and his team and enjoy the benefits from well structured financing transactions.”
Christian Schultheiss, CFO of AFC added, “The growing appetite for capital markets solutions and alternative financing options in the aviation industry is an exciting development. The demand for our streamlined and efficient solutions only validates and reinforces our commitment to delivering financing platforms that benefit our clients and investors.”
AWAS is one of the world’s leading aircraft leasing companies. Our team of industry professionals serves every major and developing commercial aviation market around the globe from our Dublin headquarters and offices in New York, Miami, and Singapore.
AWAS owns a portfolio of more than 300 modern aircraft from Airbus and Boeing including a number of next generation aircraft. The aircraft portfolio is on lease to over 110 airline customers in 49 countries. The AWAS fleet features a full range of the most popular aircraft types which includes both narrow-bodied and wide-body aircraft.
Aviation Finance Company Limited (AFC) provides alternative sources of capital and arranges financing solutions through innovative financial engineering to meet the needs of the global transportation industry. AFC is headquartered in Dublin, Ireland and along with its sister company in New York, works collaboratively with investors, airlines and aircraft manufacturers to deliver outstanding service. Aviation Finance Company Limited (AFC) is a reliable investment partner and financial advisor to airlines and aviation operators seeking debt and equity financing.