Milbank Advises Terra Firma on Disposal of Aircraft Lessor AWAS to Dubai Aerospace Enterprise
Milbank, Tweed, Hadley & McCloy LLP has advised Terra Firma on an agreement to sell AWAS, a Dublin-based aircraft lessor, alongside its co-investor Canada Pension Plan Investment Board (CPPIB), to Dubai Aerospace Enterprise.
AWAS is one of the world’s leading aircraft leasing companies with 87 airline customers in more than 45 countries and with owned aircraft assets of c. US$7.5 billion as at November 2016. The company holds a diversified portfolio of 214 owned aircraft and a pipeline of 23 new aircraft on order.