Aircraft leasing expands in Asia
Airline losses can mean gains for aircraft lessors as airlines seek to shore-up balance sheets.
As airlines face a global slowdown, aircraft leasing companies continue to perform well. As if to demonstrate this fact, Guggenheim Aviation Partners this week opened a representative office in Singapore to better serve AsiaÆs growing aircraft leasing market.
US-based Guggenheim Aviation PartnersÆ GAP new Singapore office complements its existing Hong Kong office. The presence in Southeast Asia allows GAP to expand its $2.7 billion portfolio of new and used commercial aircraft further into the region. Stephen Barnes, former treasurer...
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