FEBRUARY 29TH, 2016
FPG and FPG Amentum acquire one TUI 737-800 for a JOL transaction
Dublin, February 29, 2016 – Financial Products Group Co., Ltd. (‘FPG’ – 7148:JP), the Tokyo-headquartered, listed independent financial services firm and FPG Amentum (‘FPG Amentum’), the Dublin-based aircraft leasing company announce the acquisition of one Boeing 737-800 (MSN 40943). The aircraft (YOB 2013) was acquired from an affiliate of CDB Leasing and is on lease to TUI Airlines Belgium N.V.
Commenting, Stephanie Sanford, SVP Aircraft Trading of FPG Amentum said: “We are delighted to close the acquisition of yet another TUI aircraft for placement in a Japanese Operating Lease (JOL) structure. Demand for the right aircraft is strong in the Japanese market and FPG Amentum continues to execute its strategy of targeted asset acquisitions. We would like to thank TUI and CDB Leasing for the swift and very professional cooperation in the closing of this transaction.”