print | close window

       

 

PRESS RELEASE

 

                                                                                    4 November 2003

 

debis AirFinance Closes Marketing and Service Agreement for Six MD83 Aircraft

 

debis AirFinance, one of the world’s leading aircraft leasing, financing and asset managers, today announced that it has signed a service agreement with a group of European financial institutions headed by Crédit Lyonnais for a lease portfolio of six McDonnell-Douglas MD83 aircraft (MSN 53463, 53464, 53465, 53466, 53488, 53520).

Under the terms of the agreement, debis AirFinance will re-market the aircraft, as well as providing both contractual and technical management services.

Klaus Heinemann, Chief Executive Officer of debis AirFinance, said: “Aircraft marketing and asset management are an important part of the aircraft asset services which we provide to financial institutions and investors. The strength of our marketing power is demonstrated by the fact  that we have already found homes for four of the aircraft which needed to be re-marketed, despite the difficult market environment. These fast and successful placements are typical of the service that financial investors require and we are keen to develop this aspect of our business further.”

 

About debis AirFinance

debis AirFinance offers a comprehensive suite of innovative services to third party aircraft owners, in particular financial institutions, US tax lease investors and securitisation vehicles. These services include all aspects of aircraft lease marketing and sales, technical and lease management, accounting, financial reporting and treasury services as well as special services for aircraft securitisations (AerCo, Airplanes Group). The company has a total fleet of over 250 jets and turboprops (Boeing/ MDC, Airbus, Fokker, Dornier, ATR, DHC) of which 50% are managed on behalf of third parties. In addition, debis AirFinance provides cash management and administrative services for another 200 aircraft. The company, headquartered at Amsterdam's Schiphol Airport, has a worldwide presence with offices in Shannon, Ireland and Fort Lauderdale, Florida/United States.

 

For further information please contact:

 

Frauke Oberdieck      

 

Corporate Communications

 

debis AirFinance

Evert van de Beekstraat 312

Tel.: +31 20  655 9616

1118 CX Schiphol Airport Amsterdam

Fax: +31 20 655 9100

The Netherlands

Email: foberdieck@debisairfinance.com

www.debisairfinance.com