BCAP Aviation announced today that it completed on April 18, 2019 the purchase of one 2015 Norwegian Airlines Boeing 737-800 NG aircraft from Arctic Aviation Assets DAC (Ireland). The aircraft has subsequently delivered on a financial lease to Ruili Airlines Co., Ltd. (China).
“With this transaction, we aim to take a greater role in facilitating the trade of young commercial aviation assets by providing unique liquidity solutions. We see an abundance of opportunities over the next two years with supply from many airlines that have robust order books that require solutions to their existing fleet and demand from fast growing airlines with a short lead-time requirement for aircraft induction ” states Donal Boylan, a Partner at BCAP.
About BCAP Aviation Limited
BCAP Holdings Limited (“BCAP”) is a global investment and advisory platform that operates out of London, New York, Seoul, and Singapore. BCAP operates its commercial aviation business through BCAP Aviation Limited. BCAP’s management team includes partners with strong track records in the transportation, logistics, and related financial services industries. For more information and contact details please visit www.bcap.london.