Seabury

Seabury Aviation Partners to Deliver Best-in-Class Aviation and Aerospace Advisory Services

Retrieved on: 
Wednesday, October 18, 2023

Seabury Capital Group LLC (“Seabury”) and Plane View Partners (“PVP”) are pleased to announce the strategic combination of Seabury’s global industry-leading airline advisory, restructuring and investment banking practice with PVP’s highly regarded aviation and aerospace consulting practice.

Key Points: 
  • Seabury Capital Group LLC (“Seabury”) and Plane View Partners (“PVP”) are pleased to announce the strategic combination of Seabury’s global industry-leading airline advisory, restructuring and investment banking practice with PVP’s highly regarded aviation and aerospace consulting practice.
  • View the full release here: https://www.businesswire.com/news/home/20231009823049/en/
    Seabury Aviation Partners Leadership (L-R): Henri Courpron, Co-Chairman; John E. Luth, Chairman and Chief Executive Officer; Michael Cox, Co-Chairman.
  • “Our combination with PVP further cements Seabury’s position as the preeminent global aviation advisor,” said John E. Luth, Seabury’s Chairman & Chief Executive Officer.
  • Luth will serve as Seabury Aviation Partners’ Chairman and CEO and Courpron and Cox will serve as Co-Chairmen.

Seabury Aviation Group and Seabury Airline Strategy Group Enlist Rob Gurney as Strategic Advisor

Retrieved on: 
Monday, October 9, 2023

Seabury Aviation Group and Seabury Airline Strategy Group, Inc. (collectively, “Seabury”) announced today the appointment of Rob Gurney as a strategic advisor as part of the companies’ ongoing efforts to bolster Seabury’s capabilities with respect to industry consolidation, digitalization, and sustainability credentials.

Key Points: 
  • Seabury Aviation Group and Seabury Airline Strategy Group, Inc. (collectively, “Seabury”) announced today the appointment of Rob Gurney as a strategic advisor as part of the companies’ ongoing efforts to bolster Seabury’s capabilities with respect to industry consolidation, digitalization, and sustainability credentials.
  • View the full release here: https://www.businesswire.com/news/home/20231005248166/en/
    Rob Gurney, the former CEO of The oneworld Alliance, will bolster Seabury’s capabilities with respect to industry consolidation, digitalization, and sustainability credentials.
  • Gurney has served as a board member of the Asian-based Tour East Group, which he chaired, Australia Tourism Export Council (“ATEC”), Tourism Western Australia, and Tourism & Transport Forum Australia (“TTF”).
  • “Rob’s role in the digital transformation initiatives at oneworld and extensive commercial airline experience, including distribution and sustainability, are a great fit with us at Seabury Airline Strategy Group.”

Seabury Solutions Welcome Sky Airline to Growing Alkym Customer Base to Support Maintenance Processes

Retrieved on: 
Friday, November 4, 2022

Seabury Solutions, a market leader in providing Information Technology solutions for the aviation industry, announced today the addition of Sky Airline, Chile, to their growing customer base of Alkym users.

Key Points: 
  • Seabury Solutions, a market leader in providing Information Technology solutions for the aviation industry, announced today the addition of Sky Airline, Chile, to their growing customer base of Alkym users.
  • View the full release here: https://www.businesswire.com/news/home/20221101006089/en/
    Seabury Solutions Welcome Sky Airline to Growing Alkym Customer Base to Support Maintenance Processes (Photo: Business Wire)
    Through a meticulous evaluation process, Sky Airline chose Seabury Solutions Alkym to replace its current Aircraft Maintenance Management tool.
  • All internal processes and passenger-related processes are being automated and the airline is experiencing remarkable growth.
  • Its always rewarding to welcome a customer with such fleet growth as Sky Airline, who already has 28 aircraft and is waiting on more to arrive in the near future.

Seabury Securities Advises Malaysia Aviation Group in Acquisition of 20 A330neo Aircraft

Retrieved on: 
Tuesday, August 23, 2022

Seabury Securities LLC (Seabury) announced today that the companys Aviation team advised The Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft.

Key Points: 
  • Seabury Securities LLC (Seabury) announced today that the companys Aviation team advised The Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft.
  • Seabury served as MAGs exclusive financial and fleet advisor for the fleet acquisition and financing.
  • The agreements also include 20 A330neo purchase rights to provide flexibility for the group to realize future growth opportunities.
  • We are proud to have supported MAG in this very competitive selection process, commented Alexis Fekete, Seabury Securities Managing Director.

Philippine Airlines Emerges from Chapter 11 Reinvigorated for the Future

Retrieved on: 
Friday, December 31, 2021

PAL successfully completed its financial restructuring within four months, in contrast to other airlines that remain in the Chapter 11 process more than a year after filing in 2020.

Key Points: 
  • PAL successfully completed its financial restructuring within four months, in contrast to other airlines that remain in the Chapter 11 process more than a year after filing in 2020.
  • There are immense challenges ahead, but we look forward to tackling them as a reinvigorated Philippine Airlines, better positioned for strategic growth to continue serving our customers.
  • Philippine Airlines Inc. was the only party included in the Chapter 11 filing; while PAL Holdings Inc., which is listed on the Philippine Stock Exchange (PSE: PHI), and Air Philippines Corporation, known as PAL Express, were not included in the Chapter 11 filing.
  • Philippine Airlines, Inc. (PAL) is the flag carrier of the Philippines and the countrys only full-service network airline.

Philippine Airlines Inc. (PAL) Wins Court Approval of Recovery Plan

Retrieved on: 
Friday, December 17, 2021

Philippine Airlines, Inc. (PAL) announced that the U.S. Bankruptcy Court of the Southern District of New York has approved its Plan of Reorganization (the Plan).

Key Points: 
  • Philippine Airlines, Inc. (PAL) announced that the U.S. Bankruptcy Court of the Southern District of New York has approved its Plan of Reorganization (the Plan).
  • Todays court approval represents a critical moment in our journey to emerge as a stronger airline.
  • The Philippine flag carrier expects to restore more routes and increase flight frequencies as travel restrictions ease and borders reopen.
  • Philippine Airlines, Inc. (PAL) is the flag carrier of the Philippines and the countrys only full-service network airline.

Thousands of DC Seniors Join Remote Resource Fair to Learn About Getting Connected to the Internet

Retrieved on: 
Friday, December 17, 2021

According to research procured by the Aging Connected initiative, nearly 80% of Washington, DC residents ages 18-64 have in-home wireline broadband, while just 62% of Washington, DC residents ages 65+ do -- resulting in a significant access gap and underscoring the opportunity we must seize to close it.

Key Points: 
  • NEW YORK, Dec. 16, 2021 /PRNewswire/ -- Thousands of Washington, DC seniors today took part in a remote resource fair -- hosted by Aging Connected , an initiative of Older Adults Technology Services (OATS) from AARP -- to learn about getting connected to the Internet.
  • Aging Connected will focus its efforts in the coming months on empowering older adults with the information, resources and support systems needed to get connected to the Internet.
  • "We are elated to have so many older adults from DC join us for today's remote resource fair.
  • It's evident from today's turnout and engagement that Washington, DC seniors want to learn more about using the Internet and how they can get connected," said Amanda Gimble, Director of Aging Connected.

Seabury Solutions Deploys Alkym to Assist Korean National Fire Agency in Managing Helicopter Fleet Operations and Maintenance

Retrieved on: 
Thursday, October 28, 2021

Seventeen air corps across the country currently perform maintenance individually, making it challenging to procure repair parts in bulk and perform maintenance that requires specialized equipment and capabilities.

Key Points: 
  • Seventeen air corps across the country currently perform maintenance individually, making it challenging to procure repair parts in bulk and perform maintenance that requires specialized equipment and capabilities.
  • As a result, the efficiency of aircraft operations has decreased, and maintenance costs have increased.
  • A new Maintenance Information System will enhance the equipments operational safety by establishing a systematic connection with the Fire Helicopter Operation Information System.
  • We look forward to growing our collaboration with the KNFA to support efforts in digitizing their firefighting aircraft maintenance operations and enhancing the agencys helicopter maintenance management capabilities, concluded Kyungik.

Seabury Solutions’ Machine-Readable Travel Document Solution Advances Mauritius Aviation Authority’s Licensing Capabilities

Retrieved on: 
Tuesday, October 26, 2021

Seabury Solutions, a subsidiary of New York-based Seabury Capital Group LLC and a leading provider of regulatory compliance software solutions for the aviation industry, announced today that the company implemented a Machine-Readable Travel Document System for the Department of Civil Aviation Authority Mauritius (DCA Mauritius).

Key Points: 
  • Seabury Solutions, a subsidiary of New York-based Seabury Capital Group LLC and a leading provider of regulatory compliance software solutions for the aviation industry, announced today that the company implemented a Machine-Readable Travel Document System for the Department of Civil Aviation Authority Mauritius (DCA Mauritius).
  • DCA Mauritius engaged Seabury Solutions to leverage the eAuthority platform to automate certification and licensing processes through the development and customization of a Machine-Readable Travel Document System.
  • The Department of Civil Aviation Authority Mauritius (DCA Mauritius) is responsible for the safety, regularity, affordability, and efficiency of civil aviation operations within the territory of the Republic of Mauritius, and within the airspace under its responsibility.
  • Seabury Solutions has built its reputation in the market by delivering an industry-leading aviation suite of IT solutions that enhance the efficiency and decision-making process for airlines, regulators and MROs.

Philippine Airlines Inc. (PAL) Receives U.S. Court Approval to Access US$505 Million in Debtor-in-Possession (“DIP”) Financing

Retrieved on: 
Friday, October 1, 2021

Philippine Airlines Inc. (PAL) announced today that it received U.S. court approval on a final basis to access its debtor-in-possession ("DIP") financing totaling US$505 million, a core feature of the flag carriers restructuring plan.

Key Points: 
  • Philippine Airlines Inc. (PAL) announced today that it received U.S. court approval on a final basis to access its debtor-in-possession ("DIP") financing totaling US$505 million, a core feature of the flag carriers restructuring plan.
  • The DIP financing could be converted (at PALs discretion) to long-term unsecured debt and equityrather than repay in cashupon emergence from chapter 11.
  • With approval to fully access our DIP financing, PAL has the additional liquidity needed to meet our current and future obligations and to continue operating as usual.
  • Philippine Airlines, Inc. (PAL) is the flag carrier of the Philippines and the countrys only full-service network airline.