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Avation PLC is a commercial passenger aircraft leasing company with airline customers around the world. Avation is publicly owned and is listed on the Main Market of the London Stock Exchange (LSE:AVAP) and is headquartered in Singapore. Capital Lease Aviation Limited is a wholly owned subsidiary of Avation PLC. History Avation was founded in 2006 by Jeff Chatfield. The company was originally formed via a special dividend from Skywest Airlines Ltd with shares distributed in specie to all of the then Skywest Airlines Ltd shareholders. The company was initially a narrow-body jet lessor which leased Fokker 100 and Airbus A320/A321 aircraft to Skywest Airlines Ltd and other airlines. In 2011 the Company ordered its first ATR72 aircraft and leased them to Skywest Airlines Ltd. On 11 April 2013 Virgin Australia Holdings completed its 100% acquisition of Skywest Airlines Ltd. Since the Virgin Australia acquisition of Skywest Airlines Ltd, Avation has continued to grow organically ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Virgin Australia
Virgin Australia, the trading name of Virgin Australia Airlines Pty Ltd, is an Australian-based airline. It is the largest airline by fleet size to use the Virgin Group, Virgin brand. It commenced services on 31 August 2000 as ''Virgin Blue'', with two aircraft on a single route. It suddenly found itself as a major airline in Australia's domestic market after the collapse of Ansett Australia in September 2001. The airline has since grown to directly serve 32 cities in Australia, from hubs in Brisbane Airport, Brisbane, Melbourne Airport, Melbourne and Sydney Airport, Sydney. The airline's headquarters is based in South Bank, Queensland. It was co-founded by British businessman Richard Branson (the founder of Virgin Group), and former CEO Brett Godfrey. In 2011, the airline went through a massive transformation—the changing of its brand to Virgin Australia. This included the introduction of a new aircraft livery, new uniforms, and new onboard menu options as well as a busi ...
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Aircraft Leasing Companies
An aircraft is a vehicle that is able to fly by gaining support from the air. It counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines. Common examples of aircraft include airplanes, helicopters, airships (including blimps), gliders, paramotors, and hot air balloons. The human activity that surrounds aircraft is called ''aviation''. The science of aviation, including designing and building aircraft, is called ''aeronautics.'' Crewed aircraft are flown by an onboard pilot, but unmanned aerial vehicles may be remotely controlled or self-controlled by onboard computers. Aircraft may be classified by different criteria, such as lift type, aircraft propulsion, usage and others. History Flying model craft and stories of manned flight go back many centuries; however, the first manned ascent — and safe descent — in modern times took place by larger hot-air ...
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BRA Braathens Regional Airlines
Braathens Regional Airlines (BRA) is a Swedish airline founded in 2016 and one of the largest domestic airlines in Sweden. The company has its headquarters in Bromma, Stockholm. History BRA Braathens Regional Airlines was founded in 2016 with the purpose of uniting the previously distinct appearances of Malmö Aviation, Sverigeflyg and Braathens Regional and offer one single brand to the Swedish domestic market. BRA does not have an AOC and any aircraft of its own. Instead it uses the capacities of its sister companies Braathens Regional Airways and Braathens Regional Aviation. In early April 2020, BRA suspended all flights between 6 April and 31 May in response to a sharp decrease in demand and the Swedish Government and Public Health Agency's recommendation that people not travel around the country. BRA filed in court for a debt restructuring on 6 April 2020, and ceased all operations until further notice. Destinations The following destinations are marketed by BRA as ...
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AirBaltic
airBaltic, legally incorporated as AS Air Baltic Corporation, is the flag carrier of Latvia, with its head office on the grounds of Riga International Airport in Mārupe municipality near Riga. Its main hub is Riga, and it operates bases in Tallinn, Vilnius and Tampere. History Early history Baltic International Airlines (BIA) was a Latvian and US joint venture company owned by SIA Baltic International Airlines whose main airport was Riga International Airport . It was founded in June 1992, after the US-based private company Baltic International USA (BIUSA) failed to buy a part of the state-owned Latvian national airline Latavio. In the joint venture, the Latvian government owned 60%, while BIUSA owned 40% of the property. After unsuccessful privatization attempts, Latavio was declared insolvent from October 1995. It was liquidated and the Latvian government together with the Latvian-US joint stock company Baltic International Airlines created a new national airline airBa ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in terms of combined assets. Deutsche Bank has bee ...
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Green Lending
Green lending refers to a lending dependent on Environmentalism, environmental criteria for the planned use of funds. It is part of the wider sustainable investing and aims to reduce the impact on the environment of new lending activities. History Starting in 2005 major US banks such as Wells Fargo (July 2005, $1bn over 5 years) and Bank of America (March 2007, $20 bn) started dedicating financing toward sustainable entrepreneurship. This usually meant financing the building of environmentally sustainable or friendly buildings or enterprises. The green lending initiative appear to have been taken by the lenders as opposed to borrowers. In 2018 the Loan Market Association in the UK issued Green Loan Principles to ensure any green loan is used for eligible green projects. This includes stating that this must be clearly articulated in the finance documents along with the expected environmental benefits, which must be assessed, quantified, measured and reported by the borrower. The ...
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ATR (aircraft Manufacturer)
ATR ( French: Avions de transport régional; Italian: Aerei da Trasporto Regionale; or "Regional Transport Airplanes" in English) is a Franco-Italian aircraft manufacturer headquartered in Blagnac, France, a suburb of Toulouse. It was formed during 1981 as a joint venture between Aérospatiale of France (now Airbus) and Aeritalia (now Leonardo) of Italy. The company's principal products are the ATR 42 and ATR 72 aircraft, of which it has developed multiple variants of both types. ATR has sold more than 1,600 aircraft and has over 200 operators in more than 100 countries. Manufacturing Leonardo's manufacturing facilities in Pomigliano d'Arco, near Naples, Italy, produce the aircraft's fuselage and tail sections. Aircraft wings are assembled at Sogerma in Bordeaux in western France by Airbus France. Final assembly, flight-testing, certification and deliveries are the responsibility of ATR in Toulouse, France. History 1980s During the 1960s and 1970s, European aircraft manuf ...
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Airbus
Airbus SE (; ; ; ) is a European Multinational corporation, multinational aerospace corporation. Airbus designs, manufactures and sells civil and military aerospace manufacturer, aerospace products worldwide and manufactures aircraft throughout the world. The company has three divisions: ''Airbus Commercial Aircraft, Commercial Aircraft (Airbus S.A.S.)'', ''Airbus Defence and Space, Defence and Space'', and ''Airbus Helicopters, Helicopters'', the third being the largest in its industry in terms of revenues and turbine helicopter deliveries. As of 2019, Airbus is the world's largest airliner manufacturer. The company's main civil aeroplane business is conducted through the French company Airbus S.A.S., based in Blagnac, a suburb of Toulouse, with production and manufacturing facilities mostly in the European Union and the United Kingdom but also in China, the United States and Canada. Final assembly production is based in Toulouse, France; Hamburg, Germany; Seville, Spain; Tia ...
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Aircraft Lease
Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease. Market Operating leases of jet airliner accounted for less than 2% of the fleet in 1976, then 15% in the early 1990s, 25% in 2000 and 40% in 2017, with lessors involved in 62% of second hand mid-life aircraft transactions since 2000: 42% in Europe and 29% in North America. In 2015, over $120 billion of commercial aircraft were delivered ...
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Fokker
Fokker was a Dutch aircraft manufacturer named after its founder, Anthony Fokker. The company operated under several different names. It was founded in 1912 in Berlin, Germany, and became famous for its fighter aircraft in World War I. In 1919 the company moved its operations to the Netherlands. During its most successful period in the 1920s and 1930s, it dominated the civil aviation market. Fokker went into bankruptcy in 1996, and its operations were sold to competitors. History Fokker in Germany At age 20, while studying in Germany, Anthony Fokker built his initial aircraft, the ''Spin'' (Spider)—the first Dutch-built plane to fly in his home country. Taking advantage of better opportunities in Germany, he moved to Berlin, where in 1912, he founded his first company, Fokker Aeroplanbau, later moving to the Görries suburb just southwest of Schwerin (at ), where the current company was founded, as Fokker Aviatik GmbH, on 12 February 1912. World War I Fokker capitalized o ...
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Virgin Australia Regional Airlines
Virgin Australia Regional Airlines is an Australian regional airline based in Perth, servicing key towns in the state of Western Australia. The airline also flies interstate to destinations such as Adelaide, Darwin, Melbourne and Alice Springs. Formerly known as Skywest, in April 2013 the airline was purchased by Virgin Australia Holdings as its new regional offshoot. On 21 April 2020, Virgin Australia Regional Airlines' parent company, Virgin Australia Holdings went into voluntary administration due to the COVID-19 pandemic. History Early years Virgin Australia Regional was formed in 1963 as Carnarvon Air Taxis flying charter flights with small general aviation aircraft out of Carnarvon, Western Australia. In 1979 it changed its name to Skywest Aviation and moved to Perth's Jandakot Airport. In 1980 Skywest Airlines was formed (ICAO code OZW), based at Perth Airport, and acquired Stillwell Airlines and its routes; the combined fleet included 39 aircraft, making it the sec ...
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