IAT Leasing announces the acquisition of two (2) A330-200 aircraft on lease to Hawaiian Airlines

Aviation

IAT Leasing announces the acquisition of two (2) A330-200 aircraft on lease to Hawaiian Airlines

19 July 2024 – Dublin, Ireland: IAT Leasing Limited (“IAT”) has completed the acquisition of two (2) 2013 vintage A330-200 aircraft subject to lease with Hawaiian Airlines from ORIX Aviation. The aircraft, bearing manufacturers serial numbers 1404 and 1389, were acquired on behalf of funds managed by Atalaya Capital Management (“Atalaya”).

Martin Browne, Chief Executive Officer of IAT, commented: “IAT are delighted to have closed this deal, our first transaction with Atalaya. We look forward to building upon this successful partnership in the future. We are also pleased to continue our long-standing relationship with ORIX Aviation and are grateful for their professionalism and collaborative approach.”

Magnus Stephensen, Chairman of IAT, commented: “This marks another successful transaction between our group of companies and ORIX Aviation. We are excited to kick off our partnership with Atalaya and Hawaiian Airlines, who have both been very supportive throughout the acquisition process.”

Daniel Rosato, Managing Director at Atalaya, commented: “We are very pleased to have completed this inaugural transaction with IAT and to have continued our relationship with ORIX Aviation. We look forward to working closely with Hawaiian Airlines prospectively and are appreciative of the significant effort spent by all involved in closing this acquisition.”

Pillsbury acted as transaction counsel to IAT and Atalaya. O’Melveny and Myers acted as transaction counsel to ORIX Aviation. KPMG advised IAT and Atalaya on tax matters. Mason Hayes & Curren acted as Irish counsel to IAT and Atalaya.

—————
TRANSCOM ISPFree Sigma HSE Email
Level 6 Domain Names are FREE – Register Now.

Related Posts

Transcom ISP - Transcom VOIP - Free Secure Email - Dropcatch Software - FastApn Inflight - Aero Connect - Premium Domains