AUGUST 5TH, 2016
FPG and FPG Amentum acquire one flydubai 737-800 for a JOL transaction
Dublin, August 5, 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 / management company announce the acquisition of one Boeing 737-800 (MSN 40259). The aircraft (YOB 2013) was acquired from an affiliate of CDB Leasing and is on lease to Dubai Aviation Corporation (trading as ‘flydubai’).
Commenting, Stephanie Sanford, SVP Aircraft Trading of FPG Amentum said: “We are delighted to close our first Japanese Operating Lease (JOL) of a flydubai aircraft. Due to flydubai’s very solid track record, they are a perfect fit for the JOL market and we found a strong demand from the equity investor community. We would like to sincerely thank flydubai and CDB Leasing for the swift and very professional execution of this transaction.”