When added to pre-existing shareholdings by Onex and the BBAM
management team, these investors will hold a total of 5.
AirAsia Group CEO, Tony Fernandes, said, "The AirAsia Group is delighted to begin this new, long-term partnership with Steve and the rest of the team at BBAM
acted in an advisory capacity for the project, placing the debt with Signature Bank and SoundMark Partners, LLC.
CEO Ghaith Al Ghaith said: "We already have agreements in place with both GECAS and BBAM
and it is clear from their willingness to enter into further ties with us that they have been pleased with what flydubai has delivered so far.
are adding another three aircraft to make their total commitment six.
Ranga is an experienced aviation financier having previously worked with BBAM
, RBS Aviation Capital and Emirates Airlines.
FLY is managed and serviced by BBAM
and its affiliates, a worldwide provider of aircraft lease management and financing.
The company is managed and serviced by BBAM
LP, a worldwide leader in aircraft lease management and financing.
This deal for Boeing aircraft comes just five weeks after our announcement of sale and leaseback agreements for nine aircraft with GECAS and BBAM
and takes the total value of the financing we have secured during that period to more than $1 billion.
Dubaia[euro](tm)s first low-cost airline flydubai yesterday announced it has secured aircraft financing worth over USD750m in deals with GECAS (General Electric Capital Aviation Services) and BBAM
Steve Zissis, President of BBAM
, said: eIuWe are delighted to form a partnership with FlyDubai and provide support for the government of Dubai at the very foundation of this exciting new airline, which continues the incredible growth of the aviation industry in Dubai.
The charter of BBAM
is to bring together all related areas of the biosciences in a coordinated effort to help ensure the long-term health and success of Minnesota's bioscience industry.