Cindy Chin Sin Yee joins Transportation Partners (TP) as business grows

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By admin July 1, 2016 09:44

Cindy Chin Sin Yee joins Transportation Partners (TP) as business grows

Cindy joins TP as AVP, Finance from NORD LB, where she was responsible for relationship management and credit risk analysis on a portfolio of clients in the Asia Pacific region.  Prior to that, she was with Standard Chartered Bank’s International Graduate Management Trainee program and focused on corporate banking within the local corporate space. Cindy graduated from the Singapore Management University with a BSc in Economics & Actuarial Science.

The finance team within TP expects to get busier in H2 2016 as the Lion Group diversifies its sources of capital. Two factors driving this include:

Key airlines, Lion Air and Batik Air have recently been removed from the EU Safety Ban list, thereby opening up traditionally more conservative areas such as the German banking and KG Funds market; It is believed that across the entire Lion Group stable of businesses (which comprises five airlines, an MRO and the leasing platform) that two of these businesses have been earmarked for IPOs or equity investment from external third parties, projects in which TP will play an advisory role in bringing to fruition.

As of 30th June 2016, TP had a portfolio of 60 aircraft, valued in the region of $3 billion. Since its formation in 2012, TP has assisted airlines in arranging finance for almost 200 aircraft on lease to seven carriers, both within the Lion Group, but also in Brazil and China. In 2017, TP is expected to arrange financing for up to 30 new aircraft, including the Group’s first Boeing B738 MAX aircraft.

admin
By admin July 1, 2016 09:44