ProvenAir Technologies has deployed its new Lease Management platform, a cloud-based solution designed to help aerospace asset owners track their portfolios and the lease economics governing them, the company said. Developed in close collaboration with RESIDCO a commercial aircraft and engine lessor, the platform provides asset owners with a single system for managing lease and […]
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EirTrade Aviation (EirTrade), Dublin-headquartered aviation asset management and trading specialist, has completed the acquisition of two Airbus A320neo aircraft formerly operated by Spirit Airlines, in partnership with Chicago-based aviation and rail lessor RESIDCO. The aircraft – MSN 10769 and MSN 10921 – are just four years and three and a half years old respectively, making
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RESIDCO has announced the closing of a US$100 million commercial aircraft engine acquisition facility provided by Huntington National Bank, a US$223 billion-asset regional bank headquartered in Columbus, Ohio. The newly established debt facility is designed to support RESIDCO’s strategic expansion in the global aviation secondary market, with a specific focus on the acquisition of high-demand
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