Macquarie Group announced (14-Apr-2010) Macquarie Bank Limited (MBL) entered into an agreement to acquire an aircraft operating lease portfolio from ILFC, a subsidiary of American International Group (AIG). 47 aircraft will be purchased for USD1,671 million. In connection with the transaction, MBL will transfer to Macquarie AirFinance Limited (MAF) (of which Macquarie owns 37.5%), MBL’s right to purchase six of the 53 aircraft directly from ILFC on similar terms to MBL. The purchase will be funded from existing cash reserves. B737NG and A320 family aircraft make up more than 70% of the portfolio. The remainder of the portfolio are in-production widebody aircraft. [more]
Macquarie to acquire 53 aircraft from ILFC
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Gulf airlines in Australia/New Zealand: 2017 could surpass 2016's record growth
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2016 was the most prominent year for Gulf airlines growing in Australia and New Zealand. Excluding Qatar's proposed Canberra service, and other services under consideration, 2017 will be the third largest year for growth, but depending on how commercial and aeropolitical matters evolve, 2017 could surpass 2016 for growth. So far, there will be more absolute growth from Qatar than Emirates in 2017, by comparison with 2016.
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