American Airlines has closed a Japanese Operating Lease with Call Option (JOLCO) on one of the airline’s 2017 vintage A321 aircraft.
Credit Agricole-CIB (CA-CIB) structured and arranged the transaction for American, and developed a pioneering structure to allow a US airline to take advantage of the JOLCO structure – the first such US airline JOLCO financing.
CA-CIB placed the equity with one of its corporate clients and also provided a loan out of its Tokyo branch to support the transaction.
American was represented by Debevoise & Plimpton, and CACIB was represented by Pillsbury Winthrop Shaw Pittman.
Voting for the Aviation 100 MRO Global awards is open
The time has come to celebrate the maintenance, repair and overhaul aviation sector. Please cast your votes for the leading companies and individuals in the following categories:
- Independent MRO of the Year
- OEM service provider of the Year
- Line Maintenance Provider of the Year
- Parts Supplier of the year
- Component MRO of the Year
- Engine MRO of the Year
- Editor’s Award for Innovation
- MRO Management Team of the Year
- MRO Industry Leader of the Year
- Overall MRO of the year
Vote now: MRO Global Awards 2017
The winners will be announced at the inaugural Dublin Aviation Summit exhibition and conferences, including the Asset Management & Aircraft Lifecycle Conference, being held at the RDS on May 15-17. The Aviation 100 MRO Global Awards gala dinner will take place on the evening of May 16. To nominate your company and peers for these categories, please use the survey link but you can also contact us with more supporting information: firstname.lastname@example.org.
If you want to meet decision makers from major Lessors, Airlines and a broad spectrum of contacts from the aviation industry this is the ideal opportunity to promote your business. As well as booking exhibition space, there are also high-profile sponsorship opportunities to ensure you are noticed at the event.
For more details about the event visit: http://www.dublinaviationsummit.com/ or contact Guy on +44 1782 757 415.Date: March 27, 2017