Aviation in Europe

Fact Sheet

Experience

    • A UK private equity sponsor in a single asset continuation fund to house an existing stake in a leasing business.
    • Pacific Life in its sale of Aviation Capital Group to Tokyo Century Corporation.
    • Bregal Freshstream in its investment in TrueNoord, an independent aircraft leasing business that specialises in the regional aircraft market.
    • CHC Group in its $145 million asset-based loan financing.
    • Ontario Teachers’ Pension Plan in the formation of a joint venture with Aircastle to invest in leased aircraft.
    • The shareholders of Farnair Group in the sale and transfer of German group companies as part of the sale of Farnair Group to ASL Aviation Group.
    • American International Group in the $7.6 billion sale of its 100% interest in International Lease Finance Corporation to NYSE-listed AerCap Holdings N.V.
    • American Airlines in its agreements with Bombardier and Embraer to purchase, in aggregate, 90 new 76-seat regional jets with options to purchase up to 130 more.
    • Sukhoi Civil Aircraft in the purchase and leasing of three Sukhoi Superjet 100 aircraft, financed by Vnesheconombank, to Lao Central Airlines.
    • Sukhoi Civil Aircraft in a put option agreement with Maple Aviation Leasing Gmbh relating to one Sukhoi Superjet 100 aircraft leased to PT Sky Aviation.
    • American International Group in the proposed sale of up to 90% interest in International Lease Finance Corporation to a consortium of Chinese investors in a transaction with an implied enterprise value of $27 billion. (Terminated)
    • Ontario Teachers’ Pension Plan in its acquisition of a minority stake in aircraft lessor Aircastle Limited.
    • International Lease Finance Corporation in its $228 million acquisition of AeroTurbine from AerCap.
    • Aeroflot - Russian Airlines in the purchase of 16 Boeing B777s, the $2 billion acquisition of 11 A330 aircraft from Airbus, the restructuring of its fleet of 27 Western-built passenger aircraft, advice to the airline in the lease of additional Boeing 767 aircraft, the purchase of eight new Airbus 320 aircraft, its purchase of 22 new Boeing 787 aircraft, its $8 billion acquisition of 22 A350XWB aircraft from Airbus, its lease of ten A330 aircraft and six A320 aircraft from AerCap, and in its lease of ten A320 aircraft from BOC Aviation.
    • Blue Wings, the start-up German airline, in its fleet acquisition and financing programme, including the financing of five used A320 aircraft and the purchase of 20 new A320 planes.
    • Restructuring of various business jet purchases and financing arrangements.
    • Sukhoi Civil Aircraft in negotiating the industrial arrangements with its sister JV company, SuperJet International, including for a contract for international sales of the Sukhoi SuperJet 100.
    • VTB Leasing in the financing of eight A319 aircraft for STC Russia. The financing featured a purchase of the aircraft from a U.S. airline which was under Chapter 11 protection at the time, modification of the aircraft under the FAA registration after title transfer, and subsequent refinancing of two aircraft by a major international aircraft financier.
    • An aircraft trading and leasing company and its subsidiaries in the sale of two Airbus A321 aircraft and two Airbus A340 aircraft and the novation of the respective leases to a European flag carrier.
    • Air France-KLM in its €322 million acquisition of a 25% interest in Alitalia.
    • Alpstream in the secured financing, through an Irish orphan trust structure, of three new A320 aircraft and leases to Olympic.
    • Alpstream in the refinancing, through a Maltese vehicle, of two A320 aircraft and leases to Blue Wings.
    • Cessna Finance Corporation in general and ongoing representation in respect of numerous business jet leasing and financing transactions in the UK, France, Germany and Russia.
    • Swiss International Air Lines in the sublease of two Embraer 145 aircraft to JetMagic.
    • Swiss International Air Lines in the sublease of two Saab 2000 aircraft to Swedline Express.
    • Swiss International Air Lines in a sublease to Trans States.
    • Swiss International Air Lines in a secured CHF325 million credit facility and a secured €71 million letter of credit facility.
    • Crossair in a fleet acquisition/financing program in its conversion from a regional European carrier to SWISSinvolving negotiating leases to SWISS of 54 aircraft formerly operated by Swissair.
    • Delta Airlines in its restructuring of dozens of transactions with aircraft lessors and lenders.
    • American Airlines in its restructuring of the financing and leasing of more than 1,000 aircraft.
    • Orenair in the lease of two B737-800 aircraft.
    • Ural Airlines in connection with the lease of a number of A320 aircraft from various major Western lessors.
    • Sky Express in the lease of a B-737 aircraft from ACG.
    • Avialeasing in the purchase of Russian Regional Jet aircraft from Sukhoi.
    • STC Russia in the purchase of A320 family aircraft from Chapter 11 U.S. carriers.
    • A Russian lessor in the financings and refinancing of about twenty Western built aircraft for various Russian airlines.
    • Cessna Finance Corporation in its lease of a new Cessna Citation CJ3 to Asia Today.
    • A large Russian leasing company in the acquisition and lease of 40 Sukhoi Superjet 100 aircraft.
    • Aeroflot – Russian Airlines in obtaining a syndicated unsecured credit line for $100 million.
    • In 1998 – 2002 representation of Aeroflot – Russian Airlines in its purchase and subsequent long-term lease and financing (underwritten by U.S. Eximbank guarantees) of 10 Boeing 737 aircraft worth over $400 million; and advice on the lease of two Boeing 777, two Airbus A-300-310-passenger aircraft and four McDonnell Douglas DC-10 cargo aircraft.
    • Aeroflot – Russian Airlines in all aspects of the development, design, construction and financing of a proposed new terminal at Moscow's Sheremetyevo Airport and advice to the company on a high-speed rail project to connect the airport terminals with Moscow city centre.