ABL Aviation secures Japanese partner for JOL/JOLCO investment

victoria@aviationnews-online.com
By victoria@aviationnews-online.com November 13, 2018 15:49

ABL Aviation secures Japanese partner for JOL/JOLCO investment

ABL Aviation and SBI Group have teamed up in an exclusive partnership to offer aircraft investment opportunities to the Japanese investor market using Japanese Operating Lease (JOL) and Japanese Operating Lease with Call Option (JOLCO) structures.

SBI Group is one of the largest financial conglomerate in Japan which currently is an active player in JOL/JOLCO market.

SBI Group and ABL Aviation assume to raise this business to $1bn scale within two years. This new venture will focus on new and mid-life aircraft in both the passenger and freighter space.

Masahiro Kaito, Chief Executive Officer of SBI Leasing Services, says: “Both the JOL and JOLCO markets are seeing tremendous investor appetite. In the JOLCO market, high demand from Japanese equity investors is leading to many new airlines, as well as aircraft leasing companies, entering this market. SBI Leasing Services and ABL Aviation intend to take advantage of this demand and identify suitable transactions for its investors.”

Ali Ben Lmadani, Chief Executive Officer of ABL Aviation, says: “Recent large JOLCO transactions with high-quality airlines like Vietjet, Ethiopian, Emirates and SAS demonstrate the insatiable equity appetite in the Japanese tax lease market. The JOL market, too, remains robust and more and more players are entering this market. We look forward to expand our JOL and JOLCOs investments with the help of SBI network of banks.”

victoria@aviationnews-online.com
By victoria@aviationnews-online.com November 13, 2018 15:49