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PRESS
January 03, 2017
New Engine Purchase Announcement
Dublin, Ireland; January 3, 2017 - Kahala Aviation Group, Ltd., announces its first stand alone engine purchases and leases. Kahala Aviation has acquired two CFM56-7B26/3 engines (ESNs 896246 and 894975) on lease to Hainan Airlines Co., Ltd. and in a separate transaction acquired a CFM56-7B26 engine (ESN 875271) on lease to Aerolineas Argentinas S.A.
July 30, 2016
Dublin, Ireland; July 29, 2016: Kahala Aviation Group, Ltd., announces the acquisition of two A340-300 aircraft MSNs 170 and 193 on lease to Aerolineas Argentinas S.A.
July 30, 2016
Dublin, Ireland; June 6, 2016 - Kahala Aviation Group, Ltd., announces the following transactions relating to its 737 Classic freighter portfolio:
• Sale of 737-300F MSN 27460.
• Sale of 737-400F MSN 25372 to West Atlantic Group.
• Lease of 737-300F MSN 27459 to Texel Air WLL.
January 04, 2016
Pemco Delivers 3rd B737-300F to Kahala Aviation
PEMCO World Air Services (PEMCO) has announced the redelivery of a B737-300F aircraft (MSN 27459) to Ireland-based Kahala Aviation. The freighter, converted at PEMCO’s headquarters in Tampa, Fla., has now entered service. This conversion marks PEMCO’s third redelivery of a B737-300 to Kahala since 2008. A fourth aircraft (MSN 27460) is scheduled for redelivery during Q4 of 2015. Read More
July 30, 2015
AWAS and Kahala close $260,750,000 Aircraft ABS Notes
Leading global lessor agrees to sell a portfolio of 30 aircraft to Diamond Head Aviation 2015 Limited.
Dublin based aircraft lessor, AWAS, announced today that Diamond Head Aviation 2015 Limited (the "Issuer") has closed a $260.75m Fixed Rate Asset-Backed Notes offering, comprised of US$199,250,000 of 3.81% Class A Fixed Rate Asset-Backed Notes ("Class A Notes") and US$61,500,000 of 5.92% Class B Fixed Rate Asset Backed Notes ("Class B Notes"). The Issuer also offered subordinate Class E Notes representing the equity interest in the Issuer (together with Class A Notes and the Class B Notes, the "Notes"), which were purchased by Kahala Ireland Investments DAC, an affiliate of Kahala Aviation Holdings, LLC. Read more...
June 26, 2015
Kahala Aviation Announces the Acquisition One Airbus A320-200
Dublin, Ireland, 2015 - Kahala Aviation Group, Ltd., announces the acquisition of one Airbus A320-200 aircraft (MSN986) from ALAFCO Aviation Lease and Finance Company. The aircraft was delivered off-lease from China Eastern Airlines and transitioned and leased by Kahala Aviation to Sky Angkor Airlines Co. Ltd. of Cambodia.
January 05, 2015
Kahala Aviation Announces the Acquisition of Second 737-800
Dublin, Ireland; Kahala Aviation Group Ltd., announces the
acquisition of one 737-800 (MSN 28576) from a GECAS managed company. Kahala Aviation acquired the aircraft coming off lease from Hainan Air and subsequently transitioned and leased it to Eastar Jet of Korea. This is a sister ship to MSN 28574 which was previously placed with Eastar.
November 14, 2014
Kahala Aviation Announces the Acquisition of 737-800
Dublin, Ireland, November, 14, 2014 - Kahala Aviation Group Ltd., announces the acquisition of one 737-800 (MSN 28574) from a GECAS managed company. Kahala Aviation acquired the aircraft coming off lease from Hainan Air and subsequently transitioned and leased it to Eastar Jet of Korea.
September 01, 2014
Kahala Aviation Announces the Acquisition One Airbus A320-200
Dublin, Ireland, September 1, 2014 - Kahala Aviation Group, Ltd., announces the acquisition of one Airbus A320-200 aircraft (MSN1422) on lease to Vista Georgia Ltd. The aircraft was acquired from a special purpose company managed by Hong Kong Aviation Capital Ltd.
May 26, 2014
Kahala Aviation Announces the Acquisition of Two 737 Classics for Freighter Conversion
Dublin, Ireland, Kahala Aviation Group Ltd., announces the acquisition of two Classic 737 aircraft. The first, a Boeing 737-300 (MSN28200), acquired from ILFC, will be converted into a freighter configuration by Pemco World Air Services. The second aircraft, a Boeing 737-400 (MSN24231), purchased from GECAS, will also be converted into a freighter configuration by Aeronautical Engineers, Inc. Charles Graham, Director of Kahala Aviation Holdings, LLC and former CEO of Global Aviation at DHL commented, “With these acquisitions, Kahala Aviation is clearly emerging as one of the leading lessors of 737 freighter aircraft in the world.”
January 14, 2014
Kahala Aviation Announces 757-200 Acquisitions and Board Appointment
New York, NY; Kahala Aviation Holdings, LLC announces the acquisition of two 757-200 aircraft (msns 24623 and 24871) currently on lease to United Airlines, Inc. Brad Smith, Managing Director states, “with our ability to attract longer term institutional capital we expect to be a more significant participant in the used aircraft sector going forward in addition to our historic special situation focus.” Also Kahala Aviation Holdings, LLC announces the addition of Charles Graham to its board of directors. Mr. Graham is the former Chief Executive Officer of AWAS and former Chief Executive Officer of Global Aviation at DHL.
December 05, 2013
Kahala Converts Option to Firm Order
MIAMI, FL., Aeronautical Engineers, Inc. (AEI), is pleased to announce that Kahala Aviation of Ireland has converted one of two options secured in April 2013 to a firm order. The third aircraft is a high gross weight B737-400 (MSN 25372) built in 1992 and will undergo freighter modification in November of 2013 at AEI’s Authorized Conversion Center, Commercial Jet Services in Dothan Alabama. The B737-400 will be converted on a speculative basis and available for lease in April 2014. Read More
October 07, 2013
AEI Redelivers First of Two Kahala B737‐400SF's
MIAMI, FL., Aeronautical Engineers, Inc. (AEI), is pleased to announce that it has redelivered the first of two Kahala Aviation B737400SF 11 Pallet Conversions. The first freighter to deliver is a high gross weight B737400SF, (MSN 25052) built in 1991 and has been leased to Jet Time A/S, a Danish Charter Airline. The conversion was performed at AEI's Authorized Conversion Center, Commercial Jet Services in Dothan Alabama. This is AEI's 13th freighter redelivery in 2013.
September 03, 2013
Kahala Aviation Announces Recent Activity
In addition to the recent purchase of three 757-200 aircraft on lease to United Airlines Inc. (msns 24994, 25019, 25130) which was arranged and will be managed by Kahala Aviation Ltd., the company announces the following recent activity: CRJ-200 (msn 7442) sold to Georgian Airways, Georgia. B737-300SF (msn 24679) sold to Westair Atlantic Group, Sweden. CF34-B1 engine sold to Westair Atlantic Group, Sweden. B737-400SF (msn 25052) placed on lease to Jet Time A/S, Denmark. B737-400 (msn 24903) under freighter conversion at Commercial Jet, Alabama. CRJ-200 (msn 7113) sold to Skyward International, Kenya.
April 23, 2013
Kahala Aviation Orders Four AEI B737-400SF 11 Pallet Conversions
MIAMI, FL., Aeronautical Engineers, Inc. (AEI), is pleased to announce that it
has been selected by Kahala Aviation of Ireland to provide two firm B737-400SF 11 Pallet Configuration
conversions, with options for two additional conversions to be started in May of 2013.
The first aircraft, a B737-400, MSN 25052 was built in 1991 and will be converted at one of
AEI’s North American Conversion Facilities. Read More...
March 19, 2013
Kahala Aviation Announces the Acquisition of 737-300 Aircraft Dublin
Ireland; Kahala Aviation Ltd. announces the acquisition of a 737-300 MSN24256 from BBAM. The aircraft is currently off-lease. Michael Howard, Chief Financial Officer states, “we occasionally continue to see value in the Classics”.
March 04, 2013
Kahala Aviation Announces the Acquisition of Two CRJ-200 Aircraft Dublin
Ireland; Kahala Aviation Ltd. announces the acquisition of a majority interest in Danish CRJ Limited. Danish CRJ owns two CRJ-200LR aircraft: MSN7442 on lease to Georgian Airways and MSN7436 on lease to Belavia Belurusian Airlines.
January 28, 2013
Kahala Aviation Announces Acquisition Of 737-400 Aircraft Dublin
Ireland; Kahala Aviation announces the acquisition of a 737-400 aircraft (MSN 25052) formerly operated by AeroSvit Airlines from ILFC. Michael Howard, Chief Financial Officer states, “we remain a disciplined purchaser of aircraft and continue to see selected opportunities to deploy capital.” It is intended to convert the aircraft to freighter.s item about? What makes it interesting? Write a catchy description to grab your audience's attention...
August 23, 2012
Island Air Announces Successful Completion of First Step in Corporate Re-Capitalization
HONOLULU - Hawaii Island Air, Inc. dba Island Air today announced the successful conclusion of
the first step of their corporate re-financing with Kahala Aviation based in Dublin, Ireland. This is
the first financial step in the company’s New Business Plan (NBP). The details of the transaction
are private. Read More
May 21, 2012
Kahala Aviation Announces Lease of 737-300SF Aircraft
Dublin, Ireland; Kahala Aviation Ltd is pleased to announce the placement on long term lease of its B737-300SF (MSN24679) to Atlantic Airlines in the UK.
February 24, 2012
Kahala Aviation Announces Acquisition of 737-400 and 737-300SF Aircraft
Dublin, Ireland: Kahala Aviation Ltd. announces the acquisition of one 737-400 (MSN24903)
currently on lease to Aerosvit Airlines JSC of Ukraine and one 737-300SF (MSN24679)
now on lease to Swiftair SA in Spain. Michael Howard, Kahala Aviation CFO states,
“these purchases are consistent with our corporate strategy of focusing on mid-life and
older aircraft, we remain well funded and are looking to provide future liquidity to airlines and
leasing companies as they sell their older model aircraft”.