Vedder Price’s Post

Vedder Price was recognized in Ishka: Aviation Finance’s 2023 Deal of the Year Award Winners list for its counsel and advisory work in two of the largest aviation finance deals of 2023. For more information on Vedder Price’s role in the Best MEA Deal of 2023 and the Best Commercial Bank Deal of 2023, visit our website below. #GlobalTransportationFinance #AviationFinance #DealOfTheYear

Avolon, a prominent player in the aircraft leasing sector, is set to acquire Castlelake Aviation’s impressive portfolio valued at $5 billion. This acquisition includes 118 diverse aircraft, which span various models and manufacturers, thereby enhancing Avolon's already extensive fleet. The deal marks a significant expansion for Avolon as it strategically positions itself within the competitive aviation finance landscape. With this transaction, Avolon aims to strengthen its market presence while meeting increasing global demand for air travel. This portfolio not only contributes modern jets but also vintage aircraft that appeal to different segments of airline operations globally. The move underscores Avolon's commitment to providing flexible solutions tailored to airlines' evolving needs in an ever-changing economic environment. As part of this acquisition strategy, Avolon plans to implement innovative management practices aimed at maximizing asset value and ensuring operational efficiency across its newly acquired fleet.

Vedder Price is proud to share its representation of Macquarie AirFinance with the acquisition of an additional portfolio of 23 aircraft from ALAFCO Aviation Lease and Finance Company. The successful transaction featured the work of Shareholders Geoff Kass, Cameron Gee and Justine Chilvers, Partner John Pearson and Associate Joshua Alexander. Read more details on the acquisition below. #PortfolioAcquisition #GlobalTransportationFinance #AviationFinance

Nordic Aviation Group files for bankruptcy? NO surprise, never member had a sustainable strategy, just going where the wind blows! -------- Nordic Aviation Group filed (04-Dec-2024) a petition with the court on 29-Nov-2024 to declare Nordica and Xfly bankrupt. Temporary receivers were appointed for Nordica and the court imposed a restriction on all transactions with Nordica's assets, as of 04-Dec-2024. The court will also appoint a temporary bankruptcy administrator for Xfly in the future. The majority of aircraft leased by Nordic Aviation Group were returned to the destination specified by the leasing companies. Nordic Aviation Group also returned aircraft owned by Transporti Varahaldus OÜ to Tallinn Lennart Meri Airport. The company's debts amount to EUR38 million, after deducting the value of assets.

✈️ The Future of Aircraft Leasing: A Growing Investment Opportunity ✈️ With Chorus Aviation’s recent approval of the sale of its Regional Aircraft Leasing segment, we’re witnessing a pivotal shift in the aircraft leasing market. This strategic move highlights the increasing investor confidence in aviation leasing, which continues to grow as a reliable, high-yield investment option. Investors are placing significant capital in this sector, seeing the value in the stability and potential returns aircraft leasing offers—especially in the regional space. Stay tuned as more opportunities unfold! 🚀 #Aviation #AircraftLeasing #InvestmentOpportunities

Following the #Spirit rating action, my Aircraft Lease ABS colleagues and I have prepared a short note on its impact on Aircraft Lease ABS transactions. #ABS #StructuredFinance #AircraftLeaseABS #FitchRatings

#AssetFinance attorney Debra Erni is set to moderate an insightful panel discussion with representatives from SMBC Aero Engine Lease B.V., Rolls-Royce and Clover Aviation Capital on the intricacies of commercial #aircraft engine leasing, #finance, #trading and #investment at Airline Economics' Growth Frontiers conference in #Tokyo. This event will offer valuable insights into the trends and dynamics of #aviation finance and investment.

Is the Aviation ABS market positioning itself for takeoff? The #ReedSmith Aviation ABS team discusses. #aviation #assetbackedsecuritisation

Following on from our recent appointment as Managing Agent to AASET 2024-1, check out our latest blog post - The Return of Aviation ABS Transactions: Phoenix American At The Center. #aviation #ABS #aviationfinance