Two More Cessna 208B Grand Caravans Delivered to Azul Conecta

Two More Cessna 208B Grand Caravans Delivered to Azul Conecta

On September 22nd, 2022, two more Cessna 208B Grand Caravans were delivered to Azul Conecta. This brings the total to seven Cessna Caravans delivered. The final three Caravans are expected to be delivered later in Q4 of 2022. Petrus Aviation LLC has partnered with Trinity Aero Capital Inc. to acquire and lease a total of 10 new Cessna 208Bs to Azul Conecta for operation throughout their network in Brazil. Petrus and Trinity are privileged to have teamed with Azul and Textron to complete this transaction.

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First Embraer E195 Delivered to Breeze Airways

First Embraer E195 Delivered to Breeze Airways

Embraer E195 - Breeze AirwaysPetrus Aviation and Regional One are pleased to deliver the first of three Embraer E195s to Breeze Airways. The next two aircraft under the program will be delivered later this summer. C.J. Lorio, President of Petrus Aviation, noted “This delivery is a significant milestone in our expanding relationships with both Breeze and Regional One.  We have substantial E190 family investments and we and Regional One are very excited to be partnering with Breeze to support their expansion. We look forward to more opportunities to support their business.”

To read more Petrus Aviation news, go to https://www.petrus-aviation.com/news/

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GE90 Engine Sale

GE90 Engine Sale

Petrus Aviation completed the sale of one GE90-115B engine to GE Aviation Materials, based in Euless, TX.  Petrus purchased the engine new from GE back in 2015.  The engine previously operated with Air France and Ethiopian Airlines.

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First 5 Cessna 208B Grand Caravans Delivered to Azul Conecta

First 5 Cessna 208B Grand Caravans Delivered to Azul Conecta

First 5 Cessna 208B Grand Caravans Delivered to Azul ConectaPetrus Aviation LLC has partnered with Trinity Aero Capital Inc. to acquire and lease a total of 10 new Cessna 208Bs to Azul Conecta for operation throughout their network in Brazil.  On March 31, 2022, after two days of wind, snow, and rain, the weather in Independence, KS finally cleared and Azul Conecta’s newest Grand Caravan EX lifted off for its successful acceptance flight.  Petrus and Trinity are privileged to have teamed with Azul and Textron to complete this 5th transaction and look forward to another 5 aircraft deliveries later in 2022.

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Petrus Aviation Finances Two 737-400 Freighters

Petrus Aviation Finances Two 737-400 Freighters

Petrus Aviation partnered with Connecticut based Hamden Aviation to refinance two leased Boeing 737-400 freighter aircraft.  The aircraft was owned by Hamden and was previously subject to a debt financing arrangement.  Petrus and Hamden jointly developed a flexible equity partnership structure to facilitate the repayment of the debt and new ownership of the aircraft.  This venture adds to Petrus’s growing partner base and increases Petrus’s already substantial fleet of leased 737 classic freighters.  Hamden Aviation will continue to manage the aircraft which are leased to ASL Airlines in Ireland and Raya Airways in Malaysia.  Petrus Aviation and Hamden Aviation have jointly positioned themselves to capitalize on future opportunistic acquisitions and aircraft financings in both the developed and emerging markets.

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Petrus Aviation announces strategic partnership with Aerovista for the A321 Freighter project

Petrus Aviation announces strategic partnership with Aerovista for the A321 Freighter project

Aerovista FZE

FOR IMMEDIATE RELEASE

Aerovista, a global aviation asset manager and lessor based in Dubai, United Arab Emirates, is pleased to announce that it has strategically partnered with Petrus Aviation for its A321 freighter conversion project with the goal of converting a total of four A321-200 aircraft.

“We are excited to announce this joint venture with our partners at Petrus Aviation and look forward to our entrance into the cargo market. We are confident this partnership will allow us to expand our mutual business, leveraging on our decades of experience in aviation asset management and technical expertise to deliver these aircraft to our clients. We are pleased to do so alongside highly sophisticated aviation finance experts such as Petrus Aviation.” – Apandi Lakhiyalov, Chairman and Managing Director.

Petrus Aviation, is a leading provider of aviation financing and since 2003 has financed over 150 aircraft across almost every segment of commercial aviation. Their investments include aircraft and engine leasing, trading, part-outs, freighter conversions and more. They offer world-class advisory services and market knowledge through their highly sophisticated family office investing platform.

“Investing in the A321 freighter program marks yet another milestone in our expanding aviation investment program, especially in the freighter sector, after successfully completing numerous B757, B737 Classic and -800 conversions, and a variety of turboprop freighter conversion projects. The A321 offers some compelling economics to cargo operators, and we are particularly pleased to be working with Aerovista and their operational expertise in the A320 family at the groundbreaking stage of this freighter program. We look forward to a long and fruitful partnership”, said C.J. Lorio, President of Petrus Aviation.
The first two aircraft under this partnership, MSN 1451 and 1503, will be converted with 321 Precision Conversions and are scheduled to be inducted in the first and second quarter of 2023. We have strong confidence in 321 Precision Conversions’ design and delivery capabilities, having converted over 150 757-200PCFs to date, they have a deep understanding of the market and a history of excellent product support and quality.

The partnership was formed with the help of Chief Executive Officer and Founder of OBEX Securities LLC, Randall Katzenstein, who served as the lead advisor on the deal. OBEX Securities, part of OBEX Group is a New York based SEC licenced broker dealer and investment bank, member FINRA/NFA/MSRB/SIPC with over 30 years of experience in the securities industry.

For more information on Aerovista visit: https://www.aerovista.aero
For more information on Petrus Aviation visit: https://www.petrus-aviation.com/

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