Elix Aviation Capital closes financing of two Bombardier Q400 on lease to Hawaii Island Air

Dublin lessor Elix Aviation Capital has successfully closed a financing facility for two Bombardier Q400 aircraft arranged by DVB Bank SE, London Branch. These turboprop aircraft are the first two of a total of three aircraft which will be delivered to Hawaii Island Air, operating as “Island Air”, from the Canadian manufacturer and placed on a long term operating leases. Milbank acted for Elix Aviation Capital as lessor’s counsel while Clifford Chance represented DVB.