CMB Financial Leasing has announced the closing of a financing facility for the refinancing of 3 aircraft currently in its fleet. The aircraft portfolio – consisting of one A330-300, one 737-800 and one A320-200 – are currently on long-term finance leases to China Southern Airlines. CMB Financial Leasing mandated Morgan Stanley and DVB Bank as the co-arrangers for the senior loan facility. In addition to DVB Bank, Japanese financiers Bank of Tokyo-Mitsubishi UFJ and Sumitomo Mitsui Trust Bank are also lenders in the transaction. DVB also acted as facility agent and security trustee for the financing facility.
Main Menu
CMB Financial Leasing refinances China Southern aircraft with bank syndicate
Share this Article
Monday June 3, 2024
The International Air Transport Association (IATA) has reported that Pieter Elbers, CEO of IndiGo, has commenced his role as Chair of the IATA Board of Governors (BoG). His one-year tenure began at the end of the 80th IATA Annual General Meeting in Dubai, Unit... Read More »
Monday June 3, 2024
GE Aerospace is expanding its Tres Rios maintenance, repair and overhaul (MRO) plant with an investment of BRL 430 million in response to increased customer demand across the region. The expansion work began earlier this year and is expected to be completed by... Read More »
Monday June 3, 2024
Honeywell has named Aero-Dienst as a certified maintenance provider for the HTF7000 turbofan engine nacelle system. This authorisation strengthens Honeywell's service network in the Europe, Middle East, Africa and India (EMEAI) region, offering operators of HT... Read More »
Monday June 3, 2024
Panasonic Avionics Corporation (Panasonic Avionics) and EVA Air have signed an agreement to install in-flight engagement (IFE) and connectivity systems, along with a range of digital services, on 54 of EVA Air's wide-body and narrow-body aircraft. Panasonic Av... Read More »
Monday June 3, 2024
Pittsburgh International Airport (PIT) has announced a significant step forward in reducing carbon emissions with a new land lease agreement in progress with SkyClean US Energy Inc. The proposed facility would be among the largest current sustainable aviation ... Read More »
Monday June 3, 2024
easyJet and SR Technics have finalised an agreement which sees the airline acquire the SR Technics maintenance facility in Malta. The signing ceremony, attended by Prime Minister Dr Robert Abela, was held at the maintenance hangar and signals the handover of t... Read More »
Friday May 31, 2024
The 40-year success story of the Do228 continues in Oberpfaffenhofen, Germany, with the development of the new Do228 NXT by General Atomics AeroTec Systems (GA-ATS). This aircraft is set to become the most versatile in its class, thanks to its diverse equipmen... Read More »
Friday May 31, 2024
Scandinavian airline SAS has revealed a significant rise in its second-quarter loss on Thursday, May 30, more than doubling from the previous year, as the company continues its financial restructuring efforts. For the February-April quarter, SAS reported a pre... Read More »
Friday May 31, 2024
StandardAero's engine service centre in Gosport, UK, celebrated the induction of the 500th Pratt & Whitney Canada (P&WC) PW300 Eagle Service Plan (ESPTM) engine for scheduled maintenance at the facility. The Gosport site has been a P&WC designated ... Read More »
Friday May 31, 2024
Turbine Management Solutions, LLC, known as TMSaero and based in Boca Raton, Florida, has received its EASA certification this year, marking a significant milestone in its global expansion efforts. This certification allows TMSaero to extend its acclaimed avia... Read More »
Friday May 31, 2024
Swiss-AS has announced flyadeal‘s selection of AMOS Airline Edition as its premier maintenance and engineering software solution. The selection of AMOS marks a significant milestone for flyadeal, setting new standards for efficiency and innovation. AMOS ... Read More »
Friday May 31, 2024
Bucher Group (Bucher), a pioneering provider of aerospace solutions, has announced a collaboration with U.S. airline JetBlue. This partnership aims to enhance JetBlue's unique cabin features, maintaining its esteemed position in the aviation industry. Under th... Read More »
Thursday May 30, 2024
Panasonic Avionics has signed an agreement with Air Canada to install its Astrova in-flight entertainment (IFE) solution on over 80 aircraft starting in 2025. According to the terms of the agreement, the flag carrier of Canada will see Astrova line-fitted on A... Read More »
Thursday May 30, 2024
ATR and Indian regional airline FLY91 have signed a global maintenance agreement (GMA), a significant step towards enhancing reliable and cost-effective regional air travel across India. This extensive agreement includes repair, overhaul, and pooling services ... Read More »
Thursday May 30, 2024
RECARO Aircraft Seating has been chosen by airBaltic to provide its innovative R2 seat for the airline's Airbus A220-300 aircraft. As the world's largest A220-300 operator, airBaltic's selection of RECARO seating underscores its commitment to passenger comfort... Read More »
Thursday May 30, 2024
AMETEK MRO has named Mike Audus as its new Divisional Vice President (DVP) and Business Unit Manager for MRO Europe. In this role, Audus will be responsible for driving customer satisfaction and growth, leading AMETEK MRO's multiple businesses across Europe, i... Read More »
Thursday May 30, 2024
ACIA Aero Leasing (ACIA) has delivered two ATR 72-212 large-cargo-door (ATR 72 LCD) freighters to Australia's FIFO and cargo air charter operator Aerlink. Aerlink took delivery of the first ATR 72 LCD in January 2024, with the second aircraft arriving in May 2... Read More »
Thursday May 30, 2024
The all-new Recline option of Acro Aircraft Seating's iconic Series 9 has taken to the air this month with fast-growing carrier Volotea, one of Europe's leading low-cost airlines. The Spanish independent airline, which already connects 18 countries and 110 Eur... Read More »
Wednesday May 29, 2024
Cerberus Capital Management, L.P. (Cerberus), a global leader in alternative investing with a dedicated investment platform focused on supply chain integrity and national security, has acquired a controlling interest in M1 Support Services (M1). Founded in 200... Read More »
Wednesday May 29, 2024
American Airlines Group has released that Vasu Raja, Executive Vice President and Chief Commercial Officer (CCO), will depart the airline in June 2024, Raja has served as American's Chief Commercial Officer since April 2022. Previously, he held the role of Chi... Read More »