Vedder Price is pleased to announce it represented Avia Solutions Group (ASG) in connection with a direct purchase agreement with Boeing for 40 737-8 airplanes, with the transaction also having the potential to order 40 additional airplanes at a later date.
With this transaction, ASG, the world's largest ACMI (aircraft, crew, maintenance, insurance) provider, is now well positioned for future fleet expansion and growth to meet the ongoing needs for its customers.
“This is notably a very important transaction for our ASG colleagues, and we were happy to collaborate with them on this deal,” said Global Transportation Finance Shareholder Raviv Surpin. “We believe this move will now strategically position them very well for both the short and long term future.”
Headquartered in Dublin, ASG consists of 250+ companies providing a wide range of aviation services. In addition to Mr. Surpin, the Vedder Price team included Law Clerk Dylan Allen.