SMBC Aviation Capital

Aquila Air Capital Adds Eoin Connaughton to Commercial Analysis and Pricing Team

Retrieved on: 
Monday, January 29, 2024

Against the backdrop of this year’s Airline Economics Growth Frontiers Dublin conference, Aquila Air Capital (“Aquila”), a leading lessor focused on end-of-life solutions, announced the addition of a new member to its Commercial Analysis and Pricing team, Eoin Connaughton as AVP, Commercial Analysis and Pricing.

Key Points: 
  • Against the backdrop of this year’s Airline Economics Growth Frontiers Dublin conference, Aquila Air Capital (“Aquila”), a leading lessor focused on end-of-life solutions, announced the addition of a new member to its Commercial Analysis and Pricing team, Eoin Connaughton as AVP, Commercial Analysis and Pricing.
  • Connaughton will be based out of the company’s Irish office, focusing on the analysis, structuring, and pricing of transactions for various aircraft and engine types in collaboration with the Commercial and Origination teams.
  • Connaughton joins Aquila from SMBC Aviation Capital (“SMBC”), where most recently he served as VP, Commercial Analysis, working closely with the Marketing and Trading teams to ensure all transactions were appropriately structured, accurately priced, and completed in a timely fashion.
  • I am excited to be able to bring my extensive knowledge and skillset to assist in the expansion of the current leasing and trading platform,” commented Eoin Connaughton as Aquila Air Capital’s AVP, Commercial Analysis and Pricing.

Global Aircraft Leasing Market 2023 to 2027: Featuring Air Lease, ICBC Financial Leasing, SMBC Aviation Capital and AerCap Holdings Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 15, 2023

Growth in the global aircraft leasing market was supported by factors such as rising air passenger traffic, increased use of air cargo, rise in global gross domestic product, increasing share of leasing aircrafts, rising demand for wet aircraft leasing and favorable liquidity and flexibility.

Key Points: 
  • Growth in the global aircraft leasing market was supported by factors such as rising air passenger traffic, increased use of air cargo, rise in global gross domestic product, increasing share of leasing aircrafts, rising demand for wet aircraft leasing and favorable liquidity and flexibility.
  • The global aircraft leasing market by aircraft type can be segmented as follows: Narrow body, wide body and others.
  • In 2022, the dominant share of global aircraft leasing market was held by narrow body aircraft, followed by wide body and others.
  • The global aircraft leasing market by region can be segmented as follows: Asia Pacific, North America, Europe, Middle East & Africa and Latin America.

Swoop Inducts Sixth New 737 MAX 8 Aircraft in 2022

Retrieved on: 
Tuesday, November 22, 2022

"The 737 MAX provides enhanced fuel efficiency and environmental performance that will benefit Swoop as it connects cities across Canada and North America."

Key Points: 
  • "The 737 MAX provides enhanced fuel efficiency and environmental performance that will benefit Swoop as it connects cities across Canada and North America."
  • "We are delighted to deliver these 6 Boeing 737 MAX aircraft to Swoop, expanding its fuel-efficient fleet and helping Swoop to capitalise on the recovery that we are seeing in the sector," said Barry Flannery, Chief Commercial Officer, SMBC Aviation Capital.
  • "These modern, fuel-efficient aircraft will allow Swoop to expand flight destinations and provide even more value to their customers over the coming years.
  • Swoop's fleet of ten Boeing 737-800 NG aircraft has recently increased to 16 with the addition of six Boeing MAX-8 in 2022.

CDB Aviation Names Brian Dowling Chief Technical Officer

Retrieved on: 
Wednesday, May 25, 2022

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today the appointment of Brian Dowling as Chief Technical Officer.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today the appointment of Brian Dowling as Chief Technical Officer.
  • Brian has led our technical team during this past year, exhibiting a profound understanding of our platforms unique technical requirements, commented Patrick Hannigan, CDB Aviations Chief Executive Officer.
  • Prior to CDB Aviation, Dowling was Senior Vice President, Technical & Asset Management, at SMBC Aviation Capital.
  • Leading our technical operations has offered me a superb challenge, especially in light of the aviation business cyclical nature and the pandemics astounding ramifications for the industry, said Brian Dowling, CDB Aviations Chief Technical Officer.

Wings Announces Aircraft Acquisitions

Retrieved on: 
Wednesday, March 30, 2022

Wings Capital Partners LLC (Wings) announced today the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio.

Key Points: 
  • Wings Capital Partners LLC (Wings) announced today the purchase of two narrowbody commercial aircraft, adding one Boeing 737-8 MAX aircraft and one Airbus A321-200 aircraft to its portfolio.
  • This transaction, coupled with other recent acquisitions, has added seven narrowbody aircraft to the Wings portfolio over the last two quarters.
  • Growing the Wings portfolio with high quality, young aircraft is a core tenet of our long term strategy, said Nicolas P. Stable, Senior Vice President, Head of Aircraft Transactions.
  • Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world.

Dómhnal Slattery Appointed Vertical Chairman

Retrieved on: 
Thursday, January 27, 2022

Vertical Aerospace (Vertical) (NYSE: EVTL), a global aerospace and technology company that is pioneering zero emissions aviation, announces the appointment of aviation industry veteran Dmhnal Slattery, as Non-Executive Chairman of Verticals board of directors (Vertical Board).

Key Points: 
  • Vertical Aerospace (Vertical) (NYSE: EVTL), a global aerospace and technology company that is pioneering zero emissions aviation, announces the appointment of aviation industry veteran Dmhnal Slattery, as Non-Executive Chairman of Verticals board of directors (Vertical Board).
  • Dmhnal succeeds Stephen Fitzpatrick as Chairman, who has held the combined role of Chairman & CEO since Vertical listed on the New York Stock Exchange (NYSE) in December 2021.
  • Dmhnal Slattery, Vertical Chairman, said: Vertical is in the vanguard of innovation in the global aviation industry, and I am delighted to have the opportunity to play a central role in its growth and development.
  • Following these appointments, the Vertical Board will comprise: Dmhnal Slattery as Non-Executive Chairman; independent Non-Executive Directors Kathy Cassidy and Gur Kimchi; Non-Executive Director Marcus Waley-Cohen; and Executive Directors Stephen Fitzpatrick (Founder & CEO), Vincent Casey (CFO) and Michael Cervenka (President).

Titan Aviation Holdings, Inc., a subsidiary of Atlas Air Worldwide, Announces Eamonn Forbes’ Appointment as Senior Vice President and Chief Commercial Officer

Retrieved on: 
Tuesday, August 10, 2021

PURCHASE, N.Y., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Titan Aviation Holdings, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), announced today that Eamonn Forbes has been appointed Senior Vice President and Chief Commercial Officer of Titan Asset Management Ireland Limited, effective August 23, 2021.

Key Points: 
  • PURCHASE, N.Y., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Titan Aviation Holdings, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), announced today that Eamonn Forbes has been appointed Senior Vice President and Chief Commercial Officer of Titan Asset Management Ireland Limited, effective August 23, 2021.
  • Mr. Forbes will lead all sales and marketing activities for Titan and he will report directly to Michael Steen, President and Chief Executive Officer of Titan Aviation Holdings and Chief Commercial Officer of Atlas Air Worldwide.
  • Mr. Forbes joins Titan with over 15 years of aviation leasing, legal, and finance experience.
  • Atlas Air Worldwides press releases, SEC filings and other information may be accessed through the companys home page, www.atlasairworldwide.com .

SMBC Launches Sustainability-Linked Loan for Overseas Japanese Customers

Retrieved on: 
Friday, February 5, 2021

Sumitomo Mitsui Banking Corporation (SMBC) (President and Group CEO: Makoto Takashima) announced today the launch of Sustainability-Linked Loan (SLL) financing for its overseas Japanese customers ESG (1) and SDGs (2) related activities.

Key Points: 
  • Sumitomo Mitsui Banking Corporation (SMBC) (President and Group CEO: Makoto Takashima) announced today the launch of Sustainability-Linked Loan (SLL) financing for its overseas Japanese customers ESG (1) and SDGs (2) related activities.
  • This is the first SLL financing arranged by SMBC for an overseas Japanese customer.
  • As announced on April 13, 2020, SMBC Group including SMBC has established SMBC Group GREEN GLOBE 2030, a ten-year plan that extends to 2030 based on the Sustainability Statement.
  • Based on the Sustainability Statement, SMBC will engage and act together with customers and other stakeholders to contribute to the global transformation into a better society.

Avolon Appoints Chief Risk Officer

Retrieved on: 
Tuesday, October 27, 2020

Avolon, the international aircraft leasing company, today announces the appointment of Paul Geaney as Chief Risk Officer and to its Executive Committee.

Key Points: 
  • Avolon, the international aircraft leasing company, today announces the appointment of Paul Geaney as Chief Risk Officer and to its Executive Committee.
  • Paul will assume overall responsibility for the implementation, oversight and continued development of Avolons risk management framework and will report to the CEO.
  • Speaking on the appointment, Dmhnal Slattery, Avolon CEO, commented: Im delighted to welcome Paul onto our Executive Committee as Chief Risk Officer.
  • Prior to joining Avolon, Paul also worked for RBS Aviation Capital, where he began his career in aviation in 2002.

Manufacturers Bank Reports 2019 First Half Earnings

Retrieved on: 
Tuesday, August 20, 2019

Manufacturers Bank (the Bank) is a Los Angeles based commercial bank with total assets of $4.73 billion as of June 30, 2019.

Key Points: 
  • Manufacturers Bank (the Bank) is a Los Angeles based commercial bank with total assets of $4.73 billion as of June 30, 2019.
  • On January 1, 2019, Sumitomo Mitsui Banking Corporation (SMBC) established a wholly-owned bank holding company in the United States (U.S.), SMBC Americas Holdings, Inc. (SMBCAH).
  • This cash reserve, with a June 30, 2019 balance of $1.89 billion, is on deposit at the Bank.
  • Bauer Financial Inc., an independent bank rating company, has awarded a depository rating, Excellent 4 Star, to Manufacturers Bank.