CARLYLE AVIATION IN THE NEWS
The Apollo Aviation Securitization Equity Trust 2016-2 (AASET 2016-2) is the winner of the Finance Dublin Debt Capital Markets Aviation ABS Deal of the Year.
The continued growth of Chinese airlines could well lead to the development of an internal secondary market for mid-life aircraft, according to Robert Korn. He believes that because of the insatiable demand, Chinese airlines will either introduce used airplanes at some point or simply keep their airplanes longer.
Apollo Aviation has contracted to purchase 27 aircraft, comprised of 21 narrowbody and six widebody from the Airbus A319, A320, A321 and A330, and the Boeing 737-800 and B737-900ER families. The vast majority of aircraft (96%) are in-production.
Apollo Aviation Group priced its third aircraft securitization on Friday, October 28, 2016. Proceeds from the $640 million deal, dubbed Apollo Aviation Securitization Equity Trust 2016-2, will be used to acquire a fleet of 35 aircraft.
Apollo Aviation’s Co-Founder and President, Robert Korn, was honored with the prestigious Juan Trippe award by the Greater Miami Aviation Association (GMAA) on October 1, 2016.
Since the founders of Airline Economics, Victoria and Philip Tozer-Pennington, are both aged under 40 years of age, and with some prompting from the industry, the magazine has launched an inaugural annual initiative to celebrate the younger members of the commercial aviation industry.
Daniel Logan, director of portfolio management, Apollo Aviation Group, investigates the challenges of valuing aircraft with increasing passenger to freighter conversions.
Strong growth in demand for used surplus parts is forecast over the next decade as the maintenance, repair and overhaul (MRO) market grows. Part-outs make up around 80 percent of the supply of used parts with current demand estimated to be approximately $3.5 billion. The used parts market is projected to grow to $6.2 billion by 2023, resulting in an annual growth rate of 5.6 percent
Multi-strategy aviation investment company Apollo Aviation Group has raised $833 million for its third new avia- tion-related fund. The new vehicle, named SASOF III, is an institutionally-focused commingled private equity fund.
Spare parts are the lifeblood of operational reliability for aircraft operators but where surplus inventories are concerned there is need to have the right solutions to dispose of such inventory accordingly. AviTrader MRO speaks to the key players in the business.
The recent slump in fuel prices has allowed airlines to operate more mature engines cost-effectively, making te most of green-time while putting of the hefty investment needed for newer models. Hannah Davies explores end of life options for engines, the current state of the engine market and asks what the future holds for such a dynamic marketplace.