The last few years have seen the longest period of sustained and significant profitability for the airline sector in history.

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ELFC Promotions – COO and CTO Engine Lease Finance Corporation (ELFC), one of the world’s leading independent spare engine leasing companies, is pleased to announce the appointment of Richard Hough to the position of Chief Operating Officer. Richard joined the company in 1997 and he has held several positions of increasing responsibility within the technical…

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Engine Lease Finance and Icelandair close spare LEAP-1B SLB 09-Apr-2021 Engine Lease Finance and Icelandair are pleased to announce the completion of their first LEAP-1B spare engine Sale and Leaseback transaction together. Following this new delivery from CFM, Shane O’Callaghan (Commercial, Marketing & Sales – EMEA & Canada) commented: “We at ELF are delighted to…

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Engine Lease Finance and Bamboo Airways close spare LEAP SLB 24/12/20        Engine Lease Finance Corporation and Bamboo Airways announce completion of their first LEAP-1A spare engine Sale and Leaseback transaction together. Following this new delivery from CFM,  Olaf Knuth (ELF VP Sales & Marketing) commented “we are delighted to close this transaction…

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Shannon, Ireland, January 2019 As announced in September 2018, Tom Barrett is now ELF’s President and CEO effective 1st January 2019. In addition to this appointment, ELF’s Chief Commercial Officer, Joe O’Brien, will become Deputy CEO in addition to his current role as CCO; O’Brien has had 22 years involvement with ELF. After 28 years of…

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Investment by Shannon Group will facilitate further growth in the decades ahead Tuesday 23rd April 2019:  The world’s largest independent aircraft engine leasing company, Engine Lease Finance Corporation (“ELFC”), is celebrating its 30th year of business in Shannon with a complete upgrade of its offices and a commitment to grow its Irish base. Headquartered at Shannon Free…

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Engine Year Book 2019 – Jon Sharp Article After almost 30 years in engine leasing, the outgoing president and CEO of Engine Lease Finance (ELFC), Jon Sharp, provides a valedictory guide to the changing dynamics of the market he specializes in. The aviation boom continues, albeit with one or two clouds gathering, and 2018 has proved to…

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Ho Chi Minh, Vietnam, January 2019 Congratulations to the JetstarPacific (JPA) team on a wonderful Year End Party in Ho Chi Minh City, 11th January 2019. Engine Lease Finance (ELF) is delighted to be associated with JetstarPacific and such a prestigious event. In December 2018 ELF concluded 3 X V2527-A5 Sale & Lease Backs and 1…

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Shannon, Ireland, September 3rd, 2018 Jon Sharp will retire at the end of this year from his long-serving position as ELF’s President & CEO.  Sharp founded the Company in 1989, pioneering the spare engine operating lease industry.  After 28 years of continuous evolution and growth, the Company now offers the complete range of engine leasing…

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Hard talk The aero engine community is a small one and the key characters often share conference stages to discuss current trends and issues. Here, Airline Economics speaks with Joe O’Brien, Chief Commercial Officer, Engine Lease Finance How would you characterise the past 12 months in the engine leasing market? Demand has been focused on the “old” Tier One…

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