Lobo Leasing signs new lease with AAR Airlift

Lobo Leasing announced it closed the first of a two-part lease agreement with expeditionary airlift services provider AAR Airlift Group, a division of global aerospace and defense company AAR. Collaborating with UK-based partner H-LEASE, Lobo worked closely with AAR to develop a customised fleet planning solution to serve two purposes for the company: first, creating near-term liquidity and flexibility for AAR with sale/leaseback of two Sikorsky S-92As; second, by providing an attractive long-term lease of two new AgustaWestland AW189 super-mediums for AAR’s 10-year SAR contract in the Falkland Islands for the UK Ministry of Defence starting in 2016. This transaction