Apollo Aviation Group and Goldman Sachs were determined to simplify the complex asset backed securitisation (ABS) structure to attract more investors.

Apollo Aviation has contracted to purchase 27 aircraft, comprised of 21 narrowbody and six widebody from the Airbus A319, A320, A321 and A330, and the Boeing 737-800 and B737-900ER families. The vast majority of aircraft (96%) are in-production.

Aircraft finance specialist Apollo Aviation will release $640 million from the securitisation of 35 aircraft leased to carriers such as American Airlines, Virgin and Viva Aerobus.

Apollo Aviation Group priced its third aircraft securitization on Friday, October 28, 2016. Proceeds from the $640 million deal, dubbed Apollo Aviation Securitization Equity Trust 2016-2, will be used to acquire a fleet of 35 aircraft.

Apollo Aviation’s Co-Founder and President, Robert Korn, was honored with the prestigious Juan Trippe award by the Greater Miami Aviation Association (GMAA) on October 1, 2016.

Pascal Picano, SVP and Head of Global Marketing, Apollo Aviation Group, details the lessor’s recent experiences of trying to purchase and deploy 777 aircraft and specifically the -200, -200ER, -200LR and -300 types.

Since the founders of Airline Economics, Victoria and Philip Tozer-Pennington, are both aged under 40 years of age, and with some prompting from the industry, the magazine has launched an inaugural annual initiative to celebrate the younger members of the commercial aviation industry.

Lessors are not only concerned with the income generated by asset leases, but also the value of those assets on return. Retained value derives from several factors, with good record keeping an essential cornerstone.

Daniel Logan, director of portfolio management, Apollo Aviation Group, investigates the challenges of valuing aircraft with increasing passenger to freighter conversions.

Strong growth in demand for used surplus parts is forecast over the next decade as the maintenance, repair and overhaul (MRO) market grows. Part-outs make up around 80 percent of the supply of used parts with current demand estimated to be approximately $3.5 billion.