FPG Amentum and LHI arrange the acquisition of another Air Baltic A220-300
Dublin, September 24, 2019 – FPG Amentum Ltd. (‘FPG Amentum’), the Dublin-based aircraft leasing / management company and the Munich-based asset and lease manager LHI Group (‘LHI’) announce the acquisition of an Airbus A220-300. This is the second aircraft in a two-aircraft transaction, following the first delivery during Q2/2019. Both aircraft were acquired new in a sale & leaseback transaction with Air Baltic and its advisor Skytech-AIC. They are owned by investment vehicles managed by LHI with servicing done by FPG Amentum.
Press Contact FPG Amentum:
FPG Amentum Ltd.
+353 1639 8111
Press Contact LHI:
+49 89 5120-1302
Note to Editors:
About FPG Amentum:
Headquartered in Dublin, FPG Amentum is a dedicated third-party provider of aircraft investment management and advisory services to equity and debt investors in the aviation sector and offers a full range of aircraft leasing services to airlines worldwide through its full-service leasing platform. FPG Amentum was founded in 2005 and is majority owned by FPG. The company manages a US$ 2 billion portfolio of aircraft and provides services to several investor and banking customers.
More information can be found on the company’s website at www.fpg-amentum.aero
Munich-based LHI Group, founded in 1973 is one of Germany’s largest privately-owned asset managers. Through December 31, 2018, LHI Group had launched over 160 products (including Aviation-finance products) for professional, semi-professional and private investors. LHI Group currently manages assets totalling about 17 billion EUR (book value) and about 1,500 SPVs. To date, more than 10,000 professional and private investors have invested in LHI Group products, including major German insurance companies and pension funds. LHI Group is rated AAAMR (Asset Management Rating, very high quality) by Scope Ratings and additionally received the Scope Innovation Award for excellent structuring expertise.
More information can be found on the company’s website at www.lhi.de/en