RAM sells EMB 120 ER s/n 120 261 to Aberdair Aviation

posted Jun 7, 2013, 12:25 AM by Michael Adams

RAM has today finalized sale of its EMB 120 ER (s/n 120 261) to Aberdair Aviation. The aircraft was delivered to Aberdair on Thursday, 6th June 2013.
Aberdair operates a range of fixed wing and helicopter aircraft. All of Aberdair’s aircraft are supported by Aberdair’s in-house maintenance facility based at Wilson Airport, Nairobi.
This will be Aberdair's first EMB 120 although the company has operated three EMB 110's for a number of years

RAM appoints SkyQuest International as exclusive re-marketing agent for EMB 120 ER (s/n 120 151)

posted Nov 21, 2012, 12:46 AM by Michael Adams

RAM has today finalised an exclusive re-marketing agreement with SkyQuest International, LLC for the sale of EMB 120 ER (s/n 120 151), which is a 1989 EMB 120 ER with PW 118 "A" engines.
Formed in 1999, SkyQuest International, is a global aircraft remarketing  acquisition firm specializing in commercial regional aircraft. The company’s global scope and consistent success have led many industry professionals to regard SkyQuest International as a leader among commercial aircraft remarketing firms.
For more details on the aircraft, contact SkyQuest International as follows:
Greg Melang    
Phone:     +1-336-722-1616
Fax:         +1-336-722-1655
Email:     Greg@SkyQuestInternational.com
Website: www.SkyQuestInternational.com

RAM offers 2 x EMB 120 ER's available for sale or lease

posted Sep 20, 2012, 7:57 AM by Michael Adams   [ updated Sep 20, 2012, 7:58 AM ]

RAM is offering 2 x EMB 120 ER's available for immediate sale or lease. The 1991 EMB 120 ER is a PW 118 "B" while the 1989 EMB 120 ER is a PW 118 "A". For more information on both aircraft see under "Aircraft Available for Lease and Sale" on the RAM website or contact RAM's Commercial Director, Michael Adams on email: michaela@ramaero.com or phone +27 11 568 0489

African air traffic set to double – Airbus

posted Sep 17, 2012, 1:38 AM by Michael Adams

14 Fri, Sep 2012

At an Airbus media briefing in Rosebank, Johannesburg, on September 13, the company revealed its forecast for African air traffic.

According to Airbus’s global market forecast, African air traffic is set to grow above the world average over the next 20 years, with average passenger growth rates to, from and within Africa expected to reach 5,7% per annum compared with the world average of 4,7%.

Airbus said international traffic to and from South Africa had doubled in the last 20 years and expected it to more than double over the next 20-year period.

Andrew Gordon, director strategic marketing and analysis for Airbus, said: “There is no doubt that South Africa is helping to drive the development of aviation on the continent. Johannesburg will reinforce its position as one of the world’s aviation mega-cities, a focal point for traffic coming into the region and then connecting these passengers to the rest of Africa.”

Airbus’s market forecast further showed that the African population was growing and the middle class are expected to triple by 2031, with the result that more people would have the means to fly. It said the low-cost market, which amounts to a mere 6% of African traffic today, had huge potential to grow. Most mature markets have a low-cost share of over 30%.

Taking this into account, the forecast predicts that the African aircraft fleet (>100 seats) will more than double, from around 600 aircraft to more than 1 400 by 2031.

*Share your thoughts? Do you agree with Airbus’s forecast for the South Africa and Africa in general? Let us know by replying to the editor.

AFRAA condemns Europe's 'unfair' African blacklisting

posted Jul 27, 2011, 2:01 AM by David Goodyer

By Graham Dunn 

Africa's representative carrier group has condemned the European Commission's blacklist as an unfair punishment on all the region's airlines, one that stifles local competition and results in a commercial advantage to overseas operators.

The Commission's blacklist prevents carriers with poor safety records, or even an entire country's airlines, from operating within Europe. Since being first drawn up in 2006, the blacklist has featured a string of African carriers, and currently imposes a blanket ban on all air transport from 14 African states.

African Airlines Association secretary general Elijah Chingosho slammed this "unfair" approach during the Embraer-organised Connectivity in Africa seminar in Nairobi last week. He acknowledged the need for better safety in the region - IATA figures for 2010 showed Africa still had the worst hull-loss rate, although statistics have improved, and AFRAA requires its members to pass IATA's operational safety audit - but he hit out at the blacklist which, he believes, smears the whole region's airline sector.

"Many of these airlines had no intention [of flying], or had no aircraft they could fly into Europe. They had no plans to do so," he said, noting that a blacklist containing 100 African airlines gave passengers the perception that even high-standard operators are unsafe. "Why not publish a list of safe airlines?"

AFRAA criticised this year's blanket ban on Mozambican carriers, including LAM Mozambique, and restrictions on Air Madagascar, arguing that both carriers had passed IATA audits and had good safety records.

Chingosho singled out France for rebuke, suggesting it was instrumental in shaping the blacklist and that Air France benefited. Nine out of 10 of Air France's most profitable routes are African, he claimed. Air France rejects this, stating: "We always try to co-operate with local carriers, to find a partner for domestic flights. Knowing the growth rates, strong African carriers would be beneficial to us. It brings competition but at least it also gets people flying regionally."

If a country's entire aviation infrastructure is deemed unsafe, no airline should be allowed to operate there, Chingosho added. "If a country is unsafe, why would it be safe for European airlines to fly into it?" he asks. "It would carry more weight if they were to say EU airlines are banned from flying there because it is unsafe."

4 x Bombardier Dash 8 - Q 400's NextGen for Operating Lease from 1 May 2011 from Runway Asset Management

posted Mar 14, 2011, 12:24 AM by Rowan Hewitt   [ updated Mar 14, 2011, 12:41 AM ]

Runway Asset Management announces that four Bombardier Dash 8 - Q 400 NextGen's will be available for operating lease from the 1st of May 2011, for more information on the aircraft click here. Please contact us for any further information.

IFSC acknowledges and supports RAM's advances in the aviation services sector

posted Sep 1, 2010, 11:56 PM by Rowan Hewitt   [ updated Sep 2, 2010, 1:00 AM ]

Below is an abstract of an article recently posted on a Botswana News Website. 

"IFSC courts investors for aviation sector"

The Botswana International Financial Services Centre (IFSC) is courting investors to establish aviation holding companies that will leverage on Botswana's competitive geographical and investment advantages to tap into the industry's growing African potential.

Armed with a range of incentives for financial services investors, IFSC hopes to lure investors interested in establishing holding companies whose domestic and African interests could include aircraft leasing, maintenance, insurance, pilot and technical staff training and other services.

The IFSC already has one such company, Runway Asset Management (RAM), an aviation leasing and asset-owning company specialising in leasing aircraft to the regional aviation market and providing specialised finance solutions.  RAM leases aircraft to regional and other commercial users in Africa and the Middle East. 

Addressing the Aviation and Allied Business Leadership Conference yesterday, IFSC CEO Allan Boshwaen said Botswana's pivotal geographical position, the IFSC incentive package and the country's much-lauded investment environment were ideal for investors hoping to tap into Africa's burgeoning aviation industry.

"There's a lot of potential in this industry and the challenges require political will and investors to facilitate growth," Boshwaen said.  "Through the Transport Hub and the IFSC, we are taking steps to enable investors to take advantage of the potential in Botswana. "There's a business case for an aviation holding company, which would benefit from IFSC incentives and have operating units in other parts of Africa.  The holding company would be incorporated in Botswana as an IFSC company and house its headquarters here."  The IFSC CEO said RAM was already receiving positive feedback from regional and international interaction, with enquiries about the process of establishing a Botswana-based aviation holding company coming in.  "We see this industry as a key driver of growth and development," he said.  "We see Botswana serving as a transport hub and working with other gateways such as Johannesburg and Lagos. We see ourselves playing a big role in terms of aviation holding companies."  IFSC Business Development Executive, Simon Hirschfeld, explained in an interview that the local financial services centre hoped to reciprocate the example of Shannon Airport in Dublin, which has evolved into an international hub for aviation.

Shannon Airport is a European centre for airport management, operation and development, domestic and international airport retail management and airport investment. "Shannon has been able to attract financial institutions for aviation," Hirschfeld said.  "We are hoping to attract aviation holding companies that will venture into opportunities such as aircraft leasing and other allied services involved with the operation and maintenance of aircraft.  "When the holding company conducts its business regionally or internationally, these funds come back to a bank in Botswana; the holding company creates employment in Botswana." Hirschfeld said such a holding company could assist the national carrier, Air Botswana, which has in the past leased aircrafts from South Africa when its own crafts were rendered out of service.


RAM address EMI Summit on “Overcoming Emerging Market Investment Challenges”.

posted Jul 6, 2010, 1:05 AM by Rowan Hewitt   [ updated Jul 7, 2010, 3:30 AM ]

RAM directors Dale Mclean and David Gibson recently attended the Emerging Markets Investment (EMI) Summit held in Monte-Carlo, Monaco. The summit ran between the 13 and 15 of June and was hosted by Marcus Evans Summits. While there they gave a presentation on avoiding the common challenges associated with investments in emerging markets.

The presentation highlighted the benefits of investing in movable tangible assets that are actively managed by high quality servicers and was well received by the delegates. RAM’s directors ability to provide insight on the unique challenges faced by investors in emerging markets from an ‘on the ground’ perspective was a distinguishing feature. This gave credit to their assertion that investment in aircraft leasing companies is an attractive alternative to traditional listed and EFT driven investments, particularly in emerging markets.

The presentation also focussed on the impressive growth potential in the aviation industry in emerging markets. The fact that asset ownership rights are protected by international agreements and that aircraft can be quickly redeployed, if the political risk often associated with emerging markets escalates, clearly demonstrates the advantages of this type of investment.  The recent announcements with regard to the multibillion dollar equity investments in new global aircraft leasing companies such as Air Lease Corporation and Avolon further highlighted the exciting characteristics of this sector.  General consensus amongst the delegates was that investment in aircraft leasing companies in general and those operating in emerging markets in particular, provided very impressive risk return characteristics when compared to investments in other asset classes.  This is particularly the case when considering that 1 in 5 aircraft deliveries in the next 20 years will be in to emerging markets. 

Overall the summit was considered to be successful and RAM’s contribution was appreciated by delegates and summit organisers alike. 

Credit Wrapped Leases

posted Jun 15, 2010, 6:40 AM by Rowan Hewitt   [ updated Jul 7, 2010, 6:18 AM ]

Runway Asset Management (RAM) brings a unique and highly innovative means of offering value added solutions to airlines, which provides the aircraft lessee with risk management and financing solutions while reducing the risk exposure, cost of funding and maximising the profit potential of the lessor. 
RAM’s credit wrapped leases provide the following: 
  • Synthetic ratings 
  • Credit enhancement 
  • Residual Value Guarantees 
  • Insurance 
  • Hedging 
  • Development finance

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