Clifford Chance with ALAFCO on the sale to MAF

Clifford Chance advised Aviation Lease and Finance Company (“ALAFCO”) on the sale of its aviation leasing business to Macquarie AirFinance Group (“MAF”). This transaction involved the sale of a portfolio comprising 75 aircraft and an order book of 20 Boeing 737 MAX aircraft for approximately US$3.3 billion.

On the transaction

The landmark transaction involved a multijurisdictional cross-practice team, mixing expertise in asset finance, corporate, employment, antitrust and litigation. The portfolio of aircraft sold are on lease to over 20 airlines and were all subject to financing prior to the sale, whilst antitrust clearance in multiple jurisdictions was required.

Clifford Chance’s team

Global financial markets partner Qudeer Latif (pictured left) and corporate partner Daud Khan (pictured right) led Clifford Chance’s team, with support from various experts from across the Clifford Chance network.