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.”
FPG Amentum Ltd.
+353 1639 8111
Press Contact FPG:
Managing Executive Officer and General Manager of Accounting Department
Financial Products Group Co., Ltd.
+81 3 5288 5691
Note to Editors:
Tokyo headquartered FPG was founded in 2001 and is currently listed on the First Section of the Tokyo Stock Exchange. FPG is an independent financial service provider and offers various financial products to profitable companies and wealthy individuals. With tax lease arrangement as its core business, FPG provides integrated services covering the origination, structuring, equity placement, and management of Japanese operating leases (JOL) for aircraft, vessels, and marine containers. FPG is a leading independent JOL equity arranger in the market.
More information can be found on the company’s website at www.fpg.jp/en
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
About CDB Leasing:
CDB Leasing is one of the earliest established leasing companies in the PRC. Since its re-organisation in 2008, CDB Leasing has grown rapidly under the support of CDB, its parent company, to become one of the largest leasing companies in the PRC, with total consolidated assets of US$ 24 billion as at 31 December 2015. CDB Leasing has a diversified leasing business covering a wide variety of industries, including aviation, infrastructure, shipping, commercial vehicle, construction machinery and others.