Significant Expansion in Aviation Financing
Ashland Place Finance LLC, a key player in the commercial aviation financing market, has recently announced the completion of two vital financing facilities for Sirius Aviation Capital Holdings Limited. These agreements not only bolster Ashland Place's portfolio but also reflect the growing demand for innovative financing solutions within the aviation sector.
Details of the Financing Facilities
The two new financing agreements specifically target the leasing of
A320-200 aircraft, which are currently operational under contracts with
ANA's Peach Aviation Limited in Japan and
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris) based in Mexico. This strategic partnership emphasizes the credibility of both companies in facilitating essential resources for commercial operators worldwide.
Jennifer Villa, Executive Director and Group Head at Ashland Place, expressed her appreciation for the collaborative effort with the Sirius Aviation team, stating, “We are proud to have engaged with Sirius once more to finalize these transactions. The continued partnership speaks volumes about our shared commitment to advancing the aviation financing landscape.” Her sentiments were echoed by
Edward Coughlan, the CEO of Sirius, who highlighted Ashland Place as a trusted partner with the expertise to deliver tailored financing solutions to meet their requirements.
Legal Representation and Structure
The successful structuring of these agreements capitalized on the legal expertise provided by
AO Shearman, representing Ashland Place, and
McCann Fitzgerald LLP, which backed Sirius throughout the transaction process. This synergy of legal support underscores the complexity and sophistication involved in global aviation financing agreements.
About Ashland Place Finance LLC
Founded as part of Davidson Kempner Capital Management LP, Ashland Place Finance LLC stands as a robust institutional financing platform designed to deliver innovative capital solutions to the expansive global commercial aerospace industry. This latest achievement adds to their expanding repertoire, further solidifying their position in the competitive aviation finance sector. For more information about their offerings, visit
www.ashlandplace.com.
About Sirius Aviation Capital
Headquartered in the
Abu Dhabi Global Market, Sirius Aviation Capital Holdings Limited operates as a global aircraft lessor focused on innovative strategies for financing and acquiring aircraft. They target mid-life, short-haul aircraft opportunities, aiming to provide attractive, risk-adjusted returns to investors. For details on their operations and investment strategies, explore
www.siriusavcap.com.
Looking Ahead
As the aviation industry continues its recovery and growth, partnerships like the one between Ashland Place and Sirius Aviation will play a crucial role in facilitating the necessary resources and fleet expansions needed by airlines worldwide. Both companies are poised for a future filled with opportunities, demonstrating their capability to adapt and innovate in a rapidly evolving sector.