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Deals News in brief
01 November 2007
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Gibralt Capital Corporation
Skyservice
ING
AirBerlin
THY
• Gibralt Capital Corporation, a private investment company based in Vancouver, has completed the acquisition of a majority interest in the Skyservice charter airline business, a subsidiary of Skyservice Airlines. No changes to the company's operation, management and workforce are planned. The Skyservice Business Aviation Group, which specializes in corporate aircraft management and sales, business jet charter services, fixed-base operations and an international air ambulance service, was not included in the sale to Gibralt. These operations will continue to be owned and operated by Skyservice Investments.
• ING Wholesale's structured export finance group, based in New York, has closed the fifth tranche of a euro-denominated aircraft financing for 15 737-8AS aircraft for Ryanair, Europe's low-fare airline. The financing is structured as a series of loans guaranteed by the US Export-Import...
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