Bohai Leasing completed the acquisition of 100% of Avolon. Bravia Capital Partners originated and structured the transaction with a total enterprise value of approximately US$7bn, bringing Bohai’s investment in commercial aircraft and new orders to over 500 aircraft which, based on this fleet, makes Bohai the fourth largest aircraft leasing company in the world. Bravia’s
HEICO Corporation’s Electronic Technologies Group completed the acquisition of Robertson Fuel Systems. On December 21st, 2015, HEICO announced it had entered into an agreement, subject to regulatory approval which was subsequently received, to acquire Robertson from affiliates of American Securities for US$255m in cash to be paid at closing, to be adjusted for typical post-closing
Premier Aviation Overhaul Centre (Premier) and Discovery Air Technical Services (DATS), a wholly owned subsidiary of Discovery Air, released that Premier has now completed the acquisition of substantially all of the assets of DATS on January 8th, 2016. The parties previously announced Premier’s offer to purchase DATS on June 22nd, 2015. Premier Aviation is a
Avolon, the international aircraft leasing company, announced the completion of its merger agreement with Bohai Leasing (“Bohai”). As a wholly-owned subsidiary of Bohai, Avolon’s shares have ceased trading on the New York Stock Exchange. Avolon is now a wholly-owned, indirect subsidiary of Bohai Leasing, a global leader in transportation (container and aircraft) leasing. Bohai Leasing
Gama Aviation, one of the world’s largest business aviation service providers, announced the conditional acquisition of Aviation Beauport Limited; a privately owned Jersey based business offering a range of business aviation services. The acquisition of Beauport is conditional upon approval from the Jersey Competition Authority which is expected to complete by the end of February
Ascent Aerospace, a leading integrator of aircraft assembly line solutions, has bolstered its automated assembly capabilities with the addition of Gemcor. Gemcor is a global leader in developing and manufacturing automated fastening systems that are used by virtually every airframe manufacturer throughout the world. Gemcor systems are used in the sub-assembly of aircraft wings, fuselages
Minsheng Financial Leasing has announced the closing of a seven aircraft financing facility led by DVB. The aircraft portfolio consists of three A320-200s and four 737-800s on long-term operating leases to airlines from Turkey, Spain, China and Indonesia. DVB is the Arranger, Security Trustee and Facility Agent and also the Original Lender alongside Helaba (Landesbank
SAS has secured a Pre-Delivery Payment Financing Facility (PDP Facility) with DVB Bank covering a portion of the pre-delivery payments that SAS is making for five Airbus A320neo under the aircraft order with Airbus. The PDP Facility is structured as a revolving credit facility under which SAS may draw up to US$46m. Through this agreement,
AerCap Holdings has completed the upsize, amendment and extension of its US$0.3bn unsecured Revolving Credit Facility. The new facility size is US$0.6bn and comprises a three-year revolving period followed by a two-year term loan. DBS Bank acted as mandated lead arranger, bookrunner and global coordinator, and CTBC Bank acted as Taiwan bank coordinator. Citi acted
Constant Aviation, a Directional Aviation Capital Company offering full-service maintenance, repair, and overhaul with a nationwide network, announced the merger with Lone Star AOG. The combined companies will operate under Constant Aviation and the full transition will take 30 days. “The AOG business at Constant Aviation has been growing consistently the last year. Our 2016
