Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace

Investec agrees to sell aircraft portfolio

Investec has agreed to sell 18 aircraft from its managed leasing funds to funds managed by Oaktree Capital Management, L.P., working in conjunction with World Star Aviation.

The transaction includes 15 narrow body Boeing 737-800 and Airbus A320-200 aircraft, two wide body Boeing 777-300ER aircraft and an Airbus A330-300 aircraft. The aircraft are on lease to 12 global airlines, including flag carriers Air China, Air France and LCCs, such as Wizz Air and IndiGo.
 
Investec’s aircraft leasing funds, which were first launched in 2008, are invested in new generation, fuel-efficient aircraft on lease to leading airlines across the globe. The funds have provided Investec and its institutional investor partners with investment opportunities in a tangible asset class.

Advertisement
Advanced Engineering RT

 
“As the aviation industry has experienced considerable growth, we remain strongly committed to the continued development of our aircraft leasing activity, a core part of our aviation offering. The risk-return profile and diversification offered by this asset class has led to interest and support from institutional investors,” commented Alok Wadhawan, Head of Investec Aviation Finance. “This demand has driven our decision to work with our adviser, Goldman Sachs International, to bring an attractive 18 aircraft portfolio to market. While this is an important sale for Investec, we continue to look for aircraft acquisition opportunities alongside our airline and lessor clients.”
Advertisement
Marshall RT

 
Investec owns and manages a portfolio of more than 60 aircraft across its aviation business. An active player in the aviation market, Investec has bought 90 aircraft and traded over 20 aircraft in the last five years as well as establishing Goshawk Aviation in 2013, now recognised as one of the leading global aircraft lessors.


 

Advertisement
L3Harris L3Harris
Viasat collaborates with uAvionix on seamless UAV comms

Aerospace

Viasat collaborates with uAvionix on seamless UAV comms

24 April 2024

Viasat has announced a collaboration with uAvionix, a provider of certified avionics for crewed and uncrewed aviation, with uAvionix joining Viasat’s Velaris Partner Network.

Lucideon expands with new offices in Japan

Aerospace

Lucideon expands with new offices in Japan

24 April 2024

Materials science and technology consultancy Lucideon is targeting international growth with expansion in the Japanese market.

Smith Myers

Aerospace Security

Smith Myers' ARTEMIS selected by Nova Systems for Coast Guard SAR contract

23 April 2024

Smith Myers' ARTEMIS Mobile Phone Location and Communications system has been selected by Nova Systems for integration into its airborne mission system SAR (search and rescue) contract for a European Coast Guard.

Bristol Airport hosts ground-breaking airside hydrogen refuelling trial

Aerospace

Bristol Airport hosts ground-breaking airside hydrogen refuelling trial

23 April 2024

A ground-breaking airside hydrogen refuelling trial, led by easyJet and supported by several cross-industry partners, has been successfully completed at Bristol Airport – the first airport trial of its kind at a major UK airport.

Advertisement
Marshall RT 2
Glasgow Airport delivers the Baby Room

Aerospace

Glasgow Airport delivers the Baby Room

23 April 2024

Glasgow Airport welcomed the arrival of the new dedicated Baby Room to help parents travelling with infants and young children.

RAeS highlights mental health challenge to civil aviation safety

Aerospace

RAeS highlights mental health challenge to civil aviation safety

23 April 2024

The Royal Aeronautical Society (RAeS) has published a paper on the mental health challenge to civil aviation safety, covering both psychosocial risk management and mental health.

Advertisement
ODU RT 2