Aviation Finance and Leasing

Experience Highlights

• Spirit AeroSystems in its public offering of $300 million of senior unsecured notes and a related tender offer for outstanding notes, the client's first investment grade offering.
• Los Angeles City Council in serving as lead trial counsel advising it on a $250 million settlement to return Ontario International Airport to Inland control, ending an ongoing battle regarding the airport's operation.
• Veling Ltd., a niche aircraft leasing company, in its partnership with private equity firm Flexpoint Ford to provide it with equity capital to support the purchase and leaseback of more than $1 billion of commercial aircraft to high-quality airlines over two years.
• Wheels Up, a membership-based private aviation company, on a new capital round of up to $115 million led by funds and trusts managed by T. Rowe Price.
• Wheels Up, a membership-based private aviation company, in strategic negotiations to exercise its first option to purchase an additional 35 King Air 350i turboprop aircraft from its initial order of 35 aircraft placed with Beechcraft Corporation.
• Owners of 328 Group Limited in the successful sale of its aviation companies to Sierra Nevada Corporation.
• Wheels Up, a membership-based private aviation company, in its placement of a nearly $1.4 billion order—believed to be largest general aviation propeller-driven aircraft order in history—with newly reorganized Beechcraft Corp., formerly Hawker Beechcraft.
• Comair Limited in its structured debt financing of three new Boeing 737 800 aircraft.