Halozyme Therapeutics: HALO AirFinance Fuels Aviation Growth with Tailored Financing for Royal Jordanian
- HALO AirFinance successfully closed two senior secured loans for Royal Jordanian Airlines to acquire Pratt & Whitney spare engines.
- The financing supports Royal Jordanian’s fleet expansion and aligns with its goals of modernization and improved service quality.
- HALO AirFinance emphasizes tailored capital solutions and deep industry expertise to support sustainable growth in aviation finance.
HALO AirFinance Strengthens Aviation Sector with Tailored Financing Solutions
In a significant development within the aviation finance sector, HALO AirFinance, a joint venture formed by GA Telesis, LLC and Tokyo Century Corporation, announces the successful closing of two senior secured loans for Royal Jordanian Airlines. This financing effort, structured as two senior term loans, facilitates the acquisition of two Pratt & Whitney PW1900 spare engines, marking a pivotal moment for both HALO and Royal Jordanian. By providing customized financial solutions, HALO supports Royal Jordanian’s fleet expansion and enhances its operational flexibility, demonstrating a commitment to the growth of the airline industry.
Marc Cho, Co-Head and Managing Director of HALO, emphasizes the company's dedication to delivering tailored capital solutions throughout the aviation lifecycle. This focus not only enables airlines to modernize their fleets but also enhances operational reliability, which is crucial in today’s competitive environment. Eng. Samer Majali, Vice Chairman and CEO of Royal Jordanian, underscores the significance of this financing in aligning with the company’s goals of fleet modernization and improving service quality. The partnership between HALO and Royal Jordanian reflects a shared vision of sustainable growth and innovation in the aviation sector.
HALO AirFinance sets itself apart through a disciplined credit strategy and deep industry expertise, positioning the company as a trusted partner for airlines and lessors worldwide. Their approach focuses on providing flexible financing options for both aircraft and engine assets, ensuring that transactions are value-driven and tailored to the specific needs of their clients. This commitment to customized financing, combined with the robust capabilities of its parent companies, allows HALO to cover a diverse range of collateral, from newly acquired to mature aircraft and engines. As HALO continues to expand its influence in the aviation finance market, it reinforces the importance of strategic partnerships and innovative financing solutions in supporting the growth ambitions of airlines.
In addition to this financing milestone, HALO AirFinance’s strategic collaboration with Royal Jordanian reflects the airline's determination to maintain its leadership position in the region. The joint venture's ability to leverage the extensive resources of both GA Telesis and Tokyo Century enhances its capacity to meet the evolving needs of the aviation industry, particularly in a landscape that increasingly demands modernization and operational efficiency.
As HALO AirFinance forges ahead, its sophisticated underwriting approach and commitment to the aviation sector signal a promising future for customized financing solutions, essential for fostering growth and sustainability in the industry.