World Star Aviation has played a pivotal role in arranging and structuring the acquisition of four Airbus A319 aircraft leased to easyJet by Xiamen Aircraft Leasing (XMAL). This landmark deal represents the first transaction executed through XMAL's new Irish platform, Renew Star, signalling the company's strategic expansion into international markets.
The transaction was expertly structured by World Star Aviation, with KEB Hana Bank appointed as the mandated senior lender, highlighting the strong partnership and mutual confidence between all parties involved.
Edward Chen, Chairman of XMAL, remarked, “We are very glad to add easyJet, a leading and premier airline, into our lessee portfolio. This is a significant milestone for XMAL as it marks our first aircraft leasing transaction abroad. We owe this success to our valuable partner, World Star Aviation, whose support was crucial.”
Garreth Slevin, a Partner at World Star Aviation, commented: “It is a pleasure to be part of this important transaction for XMAL. We believe that the establishment of the Irish platform will open new avenues for growth and collaboration in the international aircraft leasing market. We are proud to support XMAL's journey and anticipate many more successful ventures together.”
