Phosphorus wrote:dtw2hyd wrote:Are you saying these are valid lessors? Never heard of them.
MOORGATE AIRCRAFT 2007 LIMITED
FLEET IRELAND AIRCRAFT LEASE 2007-A LTD
FLEET IRELAND AIRCRAFT LEASE 2007-B LIMITED
BISHOPSGATE AIRCRAFT 2008 LIMITED
The name alone is not a valid identifier either way.
Could be shell companies, hiding real owner under "veil". Could be specialized vehicles, used by legitimate asset management business, in order to streamline administration and cover for various eventualities. There are companies that own a single airframe, for example. In case of a portfolio reshuffle, it is often much more convenient to transfer the title of the company that owns the asset, rather than sell an asset, and then work out with accountants and taxmen, whether you are now liable for additional taxes and whatnot.
Even major leasing companies often create separate companies for individual aircraft. Three reasons - can sell individual leases or bundle to investors, two, quarantines from financial / tax challenge / protects investors especially if terminated early, and more flexibility at EOL.
Perhaps three with Bishopsgate / Moorgate / Irish connection? Two with Chinese?