Ashland Place Finance LLC, a platform specializing in commercial aviation financing, has announced the successful completion of a new facility financing arrangement. This arrangement involves a widebody freighter leased to ASL Airlines and is facilitated by Flight Lease Fund Management, a company focused on commercial aircraft and engine finance. This transaction marks a significant milestone for Ashland Place, showcasing their expertise in the aviation finance market.
Jennifer Villa, Ashland Place’s Executive Director and Group Head, expressed enthusiasm for the partnership, stating, “We are delighted to welcome Flight Lease as a new customer to the Ashland platform. We are proud to have supported this transaction and excited about the additional financings for Flight Lease that we will be closing in the coming months.”
Geoffrey Alexander, Flight Lease’s Managing Partner, echoed the sentiment, adding, “We are thrilled to have partnered with Jennifer and the talented team at Ashland Place, which brought a highly collaborative and tailored approach to this transaction. We look forward to deepening our partnership with Ashland Place through our upcoming transactions.”
The transaction saw Allen & Overy LLP providing legal counsel for Ashland Place, while Watson Farley & Williams represented Flight Lease. This successful financing arrangement demonstrates Ashland Place’s continued commitment to providing innovative and tailored financial solutions for the aviation industry.
