Subscribe Free
in Business Aviation

Cello Air Finance launches business aircraft lease sector focusing on Middle East

Posted 28 February 2017 · Add Comment

Newly created London based aircraft lessor Cello Air Finance has launched into the developing business aircraft leasing sector.

 

Cello’s primary focusis on providing operating leases for business aircraft and utility aircraft within the US / North American, European and the Middle East markets. 

Cello Air Finance’s parent company the Gill Group acquired a majority shareholding in the company as a result of its acquisition of Rubicon Air Finance and completed the rebranding to sit alongside its existing VIP charter operations ‘Cello Aviation’. The Gill Group has a successful track record in investments in business aviation and is the parent company of established UK VIP charter operator and sister company Cello Aviation. 

Raj Gill, chairman of the Gill Group said, “We are delighted to welcome Cello Air Finance into the Gill Group and at the same time expand the Group’s investment in business aviation and international investment profile. We see a tremendous market opportunity for growth and investment in business aircraft, which we are fully committed to develop as a long-term business for the Gill Group.

We are delighted to have the expertise, knowledge and successful track record of the Cello Air Finance team as part of the Gill Group.”

Michael Davies, CEO of Cello Air Finance: “We are delighted that the Gill Group has placed significant investment in our business. The equity investment and commitment from the Gill Group shall enable us to develop an aircraft operating lease business specifically tailored to the business aviation market. The added synergy and brand association with well-established and successful charter operator, Cello Aviation, within our new family adds additional depth, market presence, knowledge and expertise to our business. We aim to bring a true operating lease product and alternative financing options to business aircraft operators and build long term relationships in the business aviation industry.”

* required field

Post a comment

Other Stories
Advertisement
Latest News

EBACE: TrueNorth new data link unit to improve fairground communications

Communication between pilots and ATC is set to improve following the introduction today at EBACE by TrueNorth, of a new FANS-1/A over Iridium data link unit (DLU) with voice capabilities.

Nextant Aerospace launches large cabin 604XT programme

Nextant Aerospace has announced the launch of a new cockpit avionics programme in conjunction with Rockwell Collins that will bring Pro Line Fusion to the Bombardier Challenger 604 aircraft platform.

FlightSafety International starts Master-level Advanced Training Courses for Dassault Falcon

FlightSafety International has announced the start of new Master-level Advanced Training Courses for the Dassault Falcon 2000EX EASy and 900EX EASy series aircraft.

EBACE: Airbus launches ACJ330neo at European show

Airbus has launched a private jet version of its A330neo at EBACE today. The new VVIP jet combines new-generation engines and aerodynamic and other improvements which the company said will deliver even more comfort, efficiency and true

EBACE: Supercar designer gives new look to Airbus ACJ319neo

Italian exotic car manufacturer Pagani Automobili is moving its design focus to the world of aircraft with a new cabin design for the ACJ319 neo.

Deer Jet to get second 787 DreamJet

Deer Jet is to introduce a second Boeing 787 Dream Jet to its fleet, making it the world's largest operator of the type.

Honeywell ADSBSK2642607172
See us at
AIME BT1204240118DAS BT11051611176th Annual Mediterranean Business AviationDIAC BT1105121117