Cusco Aviation retains DelMorgan & Co to pursue growth capital for aircraft lease portfolio acquisitions

Eleanor Steed
By Eleanor Steed December 13, 2016 09:21

Cusco Aviation retains DelMorgan & Co to pursue growth capital for aircraft lease portfolio acquisitions

Cusco Aviation, the aircraft and engine trading, asset management and technical services company for the aviation industry, has retained investment bankers DelMorgan & Co as its exclusive financial advisor to advise Cusco Aviation on its strategic alternatives, including growth capital investments for the acquisition of aircraft lease portfolios from existing lessors and operators.

Manuel E. Cordero, president and CEO of Cusco Aviation, stated, “We are very excited about our engagement of DelMorgan & Co. Their experience and professionalism in capital raising and knowledge of the aircraft lease finance sector will help us position ourselves to pursue transactions that more fully take advantage of existing acquisition opportunities.”

Rob Delgado, Chairman of DelMorgan & Co., commented, “We are pleased to be working with Cusco Aviation. Aircraft lease finance is an important sector of opportunity for us at DelMorgan, and Cusco Aviation has a world-class management team with a proven track record of extraordinary success in the aircraft leasing industry, having held integral leadership roles on aircraft lease portfolio acquisitions and exits.”

Neil Morganbesser, president & CEO of DelMorgan & Co., added, “We are very much looking forward to working with Cusco Aviation and helping them realize their growth potential. This is an exciting time in the aircraft lease industry, with increasing drive among larger industry participants for newer and bigger portfolios. This has opened up substantial opportunities for players such as Cusco Aviation, who know the market well and can be selective in analysing potential portfolio acquisitions as well as sale/leaseback solutions in partnership with airline operators looking for greater operational or financial flexibility.”

Vahan Callan, Managing Director and Head of Aviation Finance at DelMorgan & Co., added, “The Cusco Aviation team has all the prerequisites for success, with extensive experience in lease management, end-of-lease solutions, sale/leasebacks, maintenance reserve claims reviews, lease agreement negotiations, novations, pricing and valuation, assembling attractive portfolios, and value maximization through the marketing and divestiture of assets. We are excited to help them analyse and pursue some extremely compelling transaction possibilities.”

Eleanor Steed
By Eleanor Steed December 13, 2016 09:21