At its annual AirFinance Journal Awards on May 2, aviation and aerospace finance industry magazine AirFinance Journal honored White & Case with three Deal of the Year awards:
- Latin America Deal of the Year, for White & Case's representation of Avianca in connection with a US$100 million loan guaranteed by UK Export Finance (UKEF) to finance one B-787-8 aircraft. The UKEF loan was structured as a Japanese Operating Lease with Call Option (JOLCO).
- Middle East & Africa Deal of the Year, for White & Case's representation of ING Capital and Société Générale in connection with a 12-year senior loan facility to finance Ethiopian Airlines Group's first five Boeing 737-800 aircraft, guaranteed by the Aircraft Finance Insurance Consortium
- Europe Deal of the Year, for White & Case's representation of Deutsche Bank in a US$227M JOLCO financing of a portfolio of 12 Embraer E190 aircraft leased by a leading regional aircraft lessor to an African Airline, a Spanish Airline and a Mexican Airline
The AirFinance awards come on the heels of White & Case winning top honors at the Global Transport Finance Awards in January 2019, including AFIC Deal of the Year (Africa), Aircraft Lessor Debt Deal of the Year (Asia) and JOLCO Deal of the Year (Latin America).