UNITED DRAGON ASIA PACIFIC LIMITED
Aerospace Finance Corporation has in-depth knowledge and extensive experience of all aspects of aircraft leasing and financing, including operating leases, export credit financings, Islamic financing, commercial debt financings and tax based transactions
Our experience includes securitization of lease receivables, capital markets financing structures, including EETC programs, lease and loan portfolio transfers and risk transfer programs
When a customer airline has a desire to own all or part of
their fleet expansion equipment AEROSPACE provides Finance or capital lease
structure which deliver many of the
benefits of an operating lease whilst
leaving the right of eventual ownership of the aircraft in the control of the
airline
These structures whilst not as cash flow efficient as operating leases
can deliver blended advantages of residual driven amortization combined with
capital gains opportunities at lease end
Working closely with our client airlines accounting and legal advisors AEROSPACE can enhance the structures by including Synthetic treatment or tax structuring which can return capital or equity to the airline at the start of a lease through discounting of net present tax benefit benefits
Tax and Islamic Debt Structuring; Tax advantaging is sourced through jurisdictions which have capacity and legislation which allows for accelerated depreciation
These jurisdictions are dependent upon tax change in the jurisdictions being sourced and as such they are determined by AEROSPACE at the time of aircraft delivery, but Tax based and enhanced leasing opportunities prevail currently in Japan under JOL, the UK under capital lease regulations and through lease structuring through Islamic structuring
AEROSPACE is particularly experienced in all Islamic finance contracts (including Bai Salaam, Ijara, Istisna'a, Mudaraba, Murabaha and Musharahka) and Islamic finance techniques, such as Sukuk (an undivided beneficial share in an asset - a concept used in the issue of Islamic bonds) and Takaful (similar to insurance)
In addition to pure equipment financing AEROSPACE through their syndicated banking facilities are able to offer comprehensive and sensitively structured Pre-Delivery Payment debt, which is arranged to fully finance the installment payments required by aircraft manufacturers under their purchase agreements with our clients