ACIA Aero Leasing Acquires Pair of Embraer ERJ145s from Jetcraft
MAY 28, 2021 - 6:42 am
ACIA Aero Leasing, a provider of regional aircraft leasing and lease management services, purchased two Embraer ERJ145 aircraft from Jetcraft Commercial, the commercial aircraft division of Jetcraft, a provider of jet sales and acquisitions.
The aircraft covered under the sale transaction, structured by Jetcraft and sourced from HOP! Air France, will be ferried over to Johannesburg, South Africa, and Toulouse, France, for pre-delivery maintenance work before entering into service with ACIA’s existing airline customers.
“It’s been a pleasure working with the Jetcraft and HOP! Air France teams on executing this aircraft acquisition,” Mick Mooney, CEO of ACIA Aero Leasing, said, adding that the transaction is part of continued efforts to strengthen ACIA’s footprint in South Africa. “We look forward to future collaboration with Jetcraft as we provide the region’s airlines with access to a diverse inventory of aircraft and customized financing solutions.”
“Jetcraft has been successful in structuring the sale of numerous aircraft from the HOP! Air France portfolio over the last 12 months,” Raphael Haddad, president of Jetcraft Commercial, said. “We’re seeing an increasing requirement among operators for the ERJ145 type due to its operating capabilities. We hope to work with ACIA to facilitate the lessor’s further acquisitions of the aircraft type.”
“We are currently working on additional mandates to acquire aircraft for our existing customers in Africa,” Mooney said, specifying that the aircraft the company is working to acquire include ATRs in cargo and passenger configurations, as well as larger Embraer and CRJ jets. “We’ll be announcing these acquisitions in the very near term.”
Generally speaking, cross-collateralization is a fairly straightforward concept to people active in commercial finance. The idea is that any collateral pledged to a lender by its customer (referred to in this article as a debtor) secures every single obligation of... read more
As we continue to navigate the COVID-19 pandemic, many smaller equipment finance companies may not have access to the same level of information upon which larger industry players rely. Our guest editors suggested we ask several Monitor 100 companies to... read more