Get the app today! Download iPhone App Download Android App

SUBSCRIBE

Dublin-Based Aircraft Leasing Company ACIA Aero Leasing Announces Addition Of Two New Lessees

Published on Sep 2 2021 8:38 AM in General Industry tagged: Trending Posts / ACIA Aero Leasing

Dublin-Based Aircraft Leasing Company ACIA Aero Leasing Announces Addition Of Two New Lessees

Dublin-based aircraft leasing and lease management services company ACIA Aero Leasing has announced the addition of two new lessees.

Details

In a statement published its website, ACIA said, "ACIA Aero Leasing ('ACIA'), a leading provider of regional aircraft leasing and lease management services, announced today the addition of two new lessees, Fly LeOne in Italy and NXT Air in Bangladesh, as the lessor continues to expand its customer base in major markets across the world.

"'We are delighted to further broaden ACIA's growing customer base both in Europe and Asia by adding our first airline customers in Italy and Bangladesh," commented Sameer Adam, ACIA Aero Leasing senior vice president, commercial. 'Our commercial and technical teams worked closely with both carriers to overcome the significant logistical challenges to getting their aircraft delivered in view of the countries' strict COVID-19 mitigation measures.'

"Start-up Fly LeOne took delivery of a Beechcraft 1900D, which the carrier will operate on direct routes between Italy's underserved regional airports and Mediterranean tourist destinations in addition to connecting small city pairings within the country.

"Stefano Costantini, chief executive officer of Fly LeOne, reacted to the delivery by emphasising the ACIA team's 'strong support for our airline and working closely with the Fly LeOne team over the past six months to deliver this aircraft. As we look to put this first aircraft into service in the coming weeks, we are already looking forward to adding additional aircraft from ACIA as European and Italian passenger demand continues its recovery.'

"NXT Air took delivery of an ATR 72 freighter, which will enable the Bangladeshi operator to significantly ramp up its capacity to carry goods for group company partners.

"Nizam Ahmad, chief executive officer of NXT Air, commented that 'this is a time for air operators to explore new revenue opportunities and we see a positive long-term partnership with ACIA to deliver on these opportunities. The addition of this ATR 72 freighter will further support our business growth and those of our partners.'

"'We have had an extremely busy 2021 so far, with aircraft transactions on every major continent,' asserted ACIA Aero Leasing chief executive officer Mick Mooney. 'These two lease transactions are further evidence of ACIA's focus on growth, our ability to execute transactions in challenging jurisdictions, and deliver aircraft in spite of the COVID-19-related disruption facing the aviation sector. Thanks to both of our new lessees for trusting us to deliver.'"

Transaction Advisor

ACIA added, "ACIA was advised by K&L Gates on both transactions."

© 2021 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

Share on Facebook Share on Twitter Share on LinkedIn Share via Email