#USA #Fort Lauderdale #HALO AirFinance #Royal Jordanian #PW1900 Engines

HALO AirFinance Secures Financing for Royal Jordanian's PW1900 Engines

In a significant advancement for both HALO AirFinance and Royal Jordanian Airlines, the joint venture between GA Telesis, LLC and Tokyo Century Corporation has successfully negotiated a financing deal for two Pratt & Whitney PW1900 engines. This financing, composed of two senior secured loans, is a crucial part of Royal Jordanian's ongoing strategy to modernize its fleet and enhance its operations.

Details of the Financing Agreement

The recent agreement represents more than just a typical financing deal; it is structured as senior term loans, which are vital for ensuring the operational flexibility of Royal Jordanian. The acquisition of these engines is set to strengthen the airline's capacity and reliability, a clear indication of its commitment to growth and sustainability in an ever-evolving aviation industry.

Marc Cho, Co-Head and Managing Director of HALO, expressed confidence in the partnership, stating, "This financing underscores HALO's mandate to deliver tailored capital solutions across the aviation lifecycle. We are proud to partner with a leading full-service carrier and look forward to supporting their continued success."

Royal Jordanian's Response

Eng. Samer Majali, the Vice Chairman and CEO of Royal Jordanian Airlines, echoed this sentiment, highlighting how vital this financing is for their fleet modernization efforts. He stated, "We are pleased to partner with HALO AirFinance in securing this financing, which is a vital component of our ongoing fleet modernization and operational enhancement strategy. The acquisition of these Pratt & Whitney PW1900 spare engines will significantly boost our operational readiness and reliability."

This collaboration illustrates Royal Jordanian's ongoing dedication to sustainable growth and its commitment to maintaining its position as a major carrier in the region. It aligns perfectly with the airline's strategic goals to optimize its fleet and improve overall service delivery.

HALO AirFinance: A Partner in Aviation Financing

HALO AirFinance was established as a joint venture with the goal of leveraging the strengths of both GA Telesis and Tokyo Century to provide customized financing solutions across the aviation sector. HALO specializes in meeting the unique financing needs of airlines and lessors, offering loans that suit a diverse range of aircraft and engine assets.

With its vast industry expertise and disciplined credit approach, HALO has emerged as a trusted partner for aviation financing, working towards value-driven transactions that focus on mature and production-ready equipment. Their collaborative culture and attention to detail help them to formulate financial solutions that are not just beneficial in the short term but also sustainable in the long run.

Conclusion: Looking Ahead

As HALO continues to expand its offerings within the aviation third-party financing sector, this recent transaction with Royal Jordanian marks yet another pivotal moment in its ongoing mission. By securing essential financing for the acquisition of new engines, HALO AirFinance not only reinforces its position in the market but also supports the growth trajectory of Royal Jordanian Airlines. This partnership sets a standard for how customized financial solutions can lead to successful operational outcomes in the aviation industry, paving the way for a more robust future in both business and aviation.