#South Korea #Seoul #BBAM #Aviation finance

BBAM Expands Global Footprint with New Office in Seoul, Korea

BBAM Limited Partnership, widely recognized as one of the leading aircraft lessors globally, has taken a significant step in expanding its operations with the inauguration of a new office located in the vibrant business district of Yeongdeungpo, Seoul. This strategic move marks the eighth location for the firm worldwide, enhancing its existing stronghold in the aviation finance sector across East Asia.

The presence in Seoul is a noteworthy testament to BBAM's ongoing commitment to its airline customers, investors, and various stakeholders in the region. The establishment of this office is expected to facilitate closer collaborations and strengthen relationships with partners within the South Korean market, which is pivotal for the company’s growth and operations.

Steve Zissis, President and CEO of BBAM, expressed his enthusiasm for this expansion, stating, “This new office marks an important step in BBAM's continued growth in Asia. Korea is a key market for our business. Opening our new office in Seoul allows us to be closer to our airline customers and capital partners in Korea, and to further strengthen our relationships in the region.”

BBAM’s new office joins a robust network of existing offices in prominent cities such as Dallas, Dublin, Puerto Rico, San Francisco, Singapore, Tokyo, and Zurich. Each of these locations plays an intricate role in the management and operation of BBAM's extensive aircraft leasing portfolio.

Founded as one of the largest and oldest aircraft leasing firms in the industry, BBAM has established a reputation for offering expansive fleet and financing solutions to over 100 airline customers across more than 50 countries. The firm is distinguished in its focus on generating investment returns exclusively on third-party capital. With a substantial portfolio of more than 500 aircraft under management and over 150 professionals employed globally, BBAM consistently demonstrates its comprehensive capabilities in the aviation sector.

The operational scope of BBAM extends from aircraft origination and lease marketing to regulatory compliance and capital market activities. This diversification is critical in maintaining its competitive edge within a rapidly evolving industry characterized by technological advancements and fluctuating market demands.

As BBAM embarks on this new chapter in Seoul, it also positions itself strategically to capitalize on the anticipated growth in aviation finance activities throughout the East Asian region. This growth is driven by rising travel demand and increasing investments in airline sustainability and efficiency, which require innovative financing solutions.

The opening of the Seoul office is expected to bolster BBAM’s ability to navigate these changing market dynamics and respond swiftly to the needs of its stakeholders. The firm aims to leverage its extensive experience and robust network to provide better service to its clients and capitalize on emerging opportunities.

In conclusion, BBAM’s commitment to expanding its global presence through strategic office openings like the one in Seoul reaffirm its status as a key player in the aviation finance industry. As the company drives forward with its innovative solutions and customer-centric approach, it continues to garner trust and confidence from its clients around the world.

For further inquiries regarding BBAM's services and operations, interested parties may contact Sabah Sulaiman, Vice President of Corporate Operations at BBAM.

For more information on BBAM, visit www.bbam.com.