Helicopter Investor

Lobo Leasing completes sale-leaseback with SFS Aviation

by · March 24

Lobo Leasing and SFS Aviation have completed a sale-leaseback for an AgustaWestland AW139 helicopter.

The helicopter will be flown in the Gulf of Thailand and will service offshore oil and gas operations.

ALSO READ: Lobo Leasing closes a five-year $225 miilion term loan credit facility

William Wolf, chief executive officer of Lobo Leasing, said: “We are very proud to have entered into this relationship with SFS. We look forward to growing our partnership with them and continuing to provide them with flexible leasing as well as other fleet growth and capital structure solutions tailored to their operational requirements.”

 “It’s great to work with a partner like Lobo Leasing.”

Tisanu Ratanarat, SFS Aviation’s CEO, said: “It’s great to work with a partner like Lobo Leasing.”

“They’ve taken a thoughtful and creative approach in providing us with this sale-leaseback solution in a very timely fashion. Lobo is an important financial partner for SFS,” added Ratanarat.

SFS Aviation was founded in 1990. It was Thailand’s first onshore operator and it expanded in 2005 to support the country’s oil and gas industry. The company operates and maintains a modern fleet of helicopters comprising of Sikorsky S-76 and AgustaWestland AW139s.

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Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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