Upon delivery HKAC
will have a total of ten A320s on lease to IndiGo.
The green credentials of the NEO is one of the key factors for us to choose the aircraft and through reduced fuel burn and emissions, HKAC will enable its airline clients to reduce operating cost while improving their environment impact, said Donal Boylan, CEO of HKAC.
HKAC currently has a portfolio of over 50 single and twin aisle Airbus aircraft.
We are very pleased to have someone of Paul's caliber joining HKAC, and see it as another important step in our development and continuing international expansion," said Mathis Shinnick, CEO, Hong Kong Aviation Capital.
It will help us position HKAC as a leader in the global aircraft leasing marketplace," Mr Shinnick said.
This is our first direct order with any aircraft manufacturer and our first commitment for the A320 NEO said Donal Boylan, CEO of HKAC.
We are delighted to have HKAC as our new customer for the NEO, the world s best selling single-aisle aircraft.
Richard brings with him great leadership qualities and aviation experience that will prove invaluable to HKAC
, and our plans for further global expansion," said Mathis Shinnick, Chief Executive Officer, Hong Kong Aviation Capital.
Rick Macker's appointment is a significant step in growing our executive management team to help drive HKAC
's global expansion," said Bharat Bhise, CEO Bravia Capital and shareholder in HKAC
In addition, HKAC
announced the agreement by IndiGo to extend the leases of four (4) existing A320 aircraft.
In addition, his management experience will help us rapidly consolidate the existing lease management business within the recently acquired Allco aviation portfolio and help position HKAC
as a leader in the global aircraft leasing marketplace.
The result is a reflection of HNA Group and HKAC
's commitment to this deal and will provide the platform for HKAC
to build a position as a major player in the global aviation business.