17 January 2014
Aviation Finance Company Ltd. said it has completed the placement of permanent financing for a large international carrier with short and long-haul operations globally.
AFC played an integral role aligning interests and requirements of Boeing (NYSE: BA), the carrier and the investor.
“We see the private-placement market as another important source of efficient financing for our customers,” said Kostya Zolotusky, managing director for capital markets development and leasing at Boeing Capital Corp., the manufacturer´s financing and leasing unit.
Boeing estimates that over the next 20 years, 33,000-plus commercial aircraft will be manufactured globally, representing a market value (at 2010 prices) of over USD4 trillion, with less than 20% of those deliveries to US airlines. Commercial aircraft financing will exceed USD100bn per year outstripping traditional funding due to shifting capital and regulatory changes.
AFC arranges capital for and invests in aviation businesses, financing aircraft and infrastructure critical to the development of global transportation. AFC is a complementary partnership between highly successful aviation advisory firms, large investment managers and investment banks. The company´s website is at www.avfinco.com