Media Coverage
Source: The Daily Deal
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
04.20.11
Pillsbury aviation partner Mark Lessard talked to The Daily Deal about aviation financing, in light of Air Lease Corp.’s recent IPO, which raised $802.5 million.
"There's been an evolution in the aircraft leasing industry," said Lessard. "Private equity firms have seen it as an opportunity to make money for their investors."
Lessard said that previously, the larger players depended mainly on short-term financing from their parents; now, there is much more financing diversification. “I do think this IPO is part of that financing diversification," he added.