Travel — 07 April 2011
Hong Kong Aviation Capital buys another Airbus A320

Hong Kong Aviation Capital buys another Airbus A320.

Hong Kong Aviation Capital (HKAC) has successfully closed the sale of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse, and and leased it back to IndiGo Airlines.

HKAC closed the delivery of the new aircraft with financing from China Development Bank, and now has a total of eight A320 airbus aircraft leased out to IndiGo.

“We are extremely pleased to have completed this transaction for IndiGo Airlines and are looking forward to further enhancing our relationship with the addition of another two aircraft later this year ” said Donal Boylan, HKAC’s Chief Executive Officer.

“We are delighted to have completed a further financing with China Development Bank, and look forward to working closely with CDB as our business grows”.

Hong Kong Aviation Capital (HKAC) is a diversified investor and manager in the aviation industry. HKAC is headquartered out of Hong Kong, with offices in Sydney and London. The firm invests in commercial aircraft leases and financial instruments, and also provides aircraft management and advisory services. HKAC’s mission is to prudently invest in the global transportation and infrastructure sectors for consistent and long-term returns, creating value for its investors and clients alike. HKAC has a highly capable team with skills and experience in both the financial industry and the management of aircraft assets.

The company’s Web site can be found at www.hongkongaviation.com

Image via Wikipedia.

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Sean McInnes

Sean excelled in English through high school, so it was only natural he should edit the school newspaper in his final year. He would write up sports results for his local newspaper. Now he writes news stories for Oh-Yay.com

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