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TGS Baltic represented Aircastle Limited and Aero Capital Solutions Inc. respectively in sale and leveraged purchase of two aircraft registered in Lithuania and leased to an air carrier operating in Lithuania.
Aero Capital Solutions Inc. acquired two aircraft from Aircastle Limited. The transaction included not only the sale and leveraged purchase of the two aircraft but also the novation of lease agreements as the aircraft were sold with a lease attached.
Aircastle Limited is a global company that acquires and leases high-utility commercial jet aircraft to customers throughout the world. Aero Capital Solutions Inc. is a leading mid-life aircraft leasing and trading company.
TGS Baltic team advising the parties to the transaction was led by Associate Donatas Šliora.
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