Dublin lessor Elix Aviation Capital has successfully closed a financing facility for two Bombardier Q400 aircraft arranged by DVB Bank SE, London Branch. These turboprop aircraft are the first two of a total of three aircraft which will be delivered to Hawaii island Air Inc., operating as “Island Air”, from the Canadian manufacturer and placed on a long term operating leases. Milbank acted for Elix Aviation Capital as lessor’s counsel while Clifford Chance represented DVB.
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