ABL Aviation explained

ABL Aviation
Type:Private
Industry:Aircraft leasing
Founded:2014
Hq Location:Dublin, Ireland
Area Served:Wordwide
Key People:Ali Ben Lmadani (Chief Executive Officer and Founder), Finnian O'Neill (Chief Investment Officer), Anas Bounahmidi (Chief Technical Officer), Eileen O'Donnell (Chief Financial Officer), Michael Weiss (Chief Strategy Officer)

ABL Aviation is a full-service aircraft asset management firm that provides "tailored leasing" and services to aviation investors and lessees, focusing on commercial aircraft. The company has its head office in Dublin, and other offices in New York, Casablanca, Tokyo, and Hong Kong.  

History

Ali Ben Lmadani founded ABL Aviation in December 2014 as a company specializing in Ground Support Equipment (GSE). He had worked with an investment bank on Wall Street, handling deals for airlines like Emirates and Singapore Airlines. From 2016 to 2017, ABL Aviation concentrated on the "mid-life" aircraft segment.

The company moved its headquarters to Dublin, Ireland.[1] Then, additional offices were opened in Casablanca,[2]  Morocco,[3]  Dubai, United Arab Emirates, and Hong Kong, China.

In December 2018, ABL Aviation partnered with a Japanese conglomerate,[4] a financial conglomerate in Japan, to use Japanese Operating Lease (JOL) and Japanese Operating Lease with Call Option (JOLCO) financing structures.[5]   The partnership concentrated on investments in new and midlife aircraft for commercial passenger and freight sectors.

Between 2020 and 2021, during the COVID-19 pandemic, ABL Aviation and Ellington Management Group established a joint venture with a target of $800 million in aircraft assets by deploying capital and offering exposure to directly sourced deals in the global aviation industry.[6] [7] [8]

ABL Aviation partnered with airlines, such as Delta Airlines,[9] Alaska Airlines,[10] American Airlines, Air France,[11] VietJet Air, El Al,[12] LATAM Airlines,[13] Pegasus Airlines,[14] Lufthansa, KLM,[15] Wizz Air,[16] Turkish Airlines,[17] Volaris, Eva Air,[18]  T'Way Air, Virgin America, Atlas Air, Iberia Air and S7 Airlines.

Membership

ABL Aviation is a member of the Aircraft Leasing Ireland (ALI) Sustainability Charter.[19]   The company also holds memberships in several associations, such as the Aircraft Fleet Recycling Association (AFRA),[20] International Air Transport Association (IATA),[21]   International Society of Transport Aircraft Trading (ISTAT),[22] Aviation Working Group (AWG),[23] Groupement des Industries Marocaines Aéronautiques & Spatiales (GIMAS)[24]  and Casablanca Finance City (CFC).[25] [26]

Fleet

As of November 2023, ABL Aviation managed and originated a fleet of 78 Airbus and Boeing aircraft:

Notes and References

  1. News: Hayhurst . Lee . 2023-05-05 . Avia becomes Ireland's second-largest aviation business after Dublin HQ move . Aviation business news.
  2. News: 2019-04-25 . ABL Launches in Casablanca, Becoming Africa's First Aircraft Leaser . moroccoworldnews.
  3. News: 2018-01-29 . First U.S. aircraft leasing company to open in Africa . Aviator.
  4. Web site: ABL Aviation secures exclusive Japanese partner for JOL/JOLCO investment . 12 November 2018 . 2024-02-27 . Aviator Aero Newsroom.
  5. Web site: ABL Aviation secures Japanese partner for JOL/JOLCO investment . 2024-02-27 . Aviation News Online.
  6. Web site: ABL Aviation creates JV for aircraft assets . 2 November 2021 . 2024-02-27 . Asian Aviation.
  7. Web site: ABL Aviation and Ellington Management Group form joint venture . 2024-02-27 . GBP.
  8. Web site: ABL Aviation and Ellington Management Group establish joint venture . 2 November 2021 . 2024-02-27 . Aviator Aero Newsroom.
  9. Web site: ABL Aviation closes first A220-300 acquisition . 2024-02-27 . Airfinance Journal.
  10. Web site: Alaska sells A321neos to American . 2024-02-27 . Airfinance Journal.
  11. Web site: ABL Aviation's fifth A220-300 sale-and-leaseback deal with Air France . 2024-02-27 . Freighter Trends.
  12. Web site: El Al and Israel welcome first SAF-powered flight . 11 August 2023 . 2024-02-27 . Air Cargo Week.
  13. Web site: ABL Aviation arranges equity JOLCO financing for eight A320s for LATAM . 2024-02-27 . Aviation News Online.
  14. Web site: ABL Aviation announces the closing of the fourth A321neo to Pegasus Airlines . 22 May 2023 . 2024-02-27 . Aviator Aero Newsroom.
  15. News: ABL Aviation secures JOLCO financing of two A350s for Lufthansa . The Aviator Middle East . 8 May 2021 . 2024-02-27 . The Aviator ME.
  16. Web site: ABL Aviation closes Wizz Air A321neo financing . 2024-02-27 . Airfinance Journal.
  17. Web site: Turkish Airlines takes delivery of Airbus A350 from ABL Aviation . 13 July 2023 . 2024-02-27 . Aviation Source News.
  18. Web site: ABL Aviation closes A321neo JOLCO . 2024-02-27 . Airfinance Journal.
  19. Web site: ALI Sustainability Charter .
  20. Web site: Directory of Accredited Companies . 2024-02-27 . Aircraft Fleet Recycling Association (AFRA).
  21. Web site: ABL Aviation joins the International Air Transport Association's Strategic Partnership Program . 2024-02-27 . Casablanca Finance City.
  22. Web site: ABL Aviation est partenaire du symposium ISTAT EMEA . 22 September 2022 . 2024-02-27 . LeBrief.ma.
  23. Web site: Members . 2024-02-27 . Aviation Working Group (AWG).
  24. Web site: Groupement des Industries Marocaines Aéronautiques & Spatiales (GIMAS) . 2024-02-27 . Le Temps Mag.
  25. Web site: ABL Aviation: The Rising Star of Africa's Aircraft Leasing Industry . 2024-02-27 . Morocco World News.
  26. Web site: ABL Aviation Joins the International Air Transport Association's Strategic Partnership Program . 2024-02-27 . Casablanca Finance City.
  27. Web site: ABL Aviation Announces Fifth A220-300 Sale-And-Leaseback To Air France, With Six More Aircraft Deliveries Planned . 18 September 2023 . 2024-02-27 . Aviator Aero Newsroom.
  28. Web site: ABL Aviation makes remote aircraft delivery . 2024-02-27 . Aviation News Online.

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