Aviation Capital Group has hired three US Export-Import Bank alumni to lead its new aircraft financing solutions group.

Robert Roy, Andrew Falk and Robert Lewandowski will join ACG as managing directors in late March, the Newport Beach, California-based lessor says today. They will jointly lead the aircraft financing solutions group.

“We are extremely excited to participate in the establishment of ACG’s aircraft financing solutions group as a complementary line of business to ACG's world-class aircraft operating lease platform," says Roy in a statement. "Moreover, we look forward to exploring a number of aircraft financing opportunities to meet the needs of our customers."

The new group will develop and market alternative financing structures to airlines, providing access to additional sources of capital.

Roy, Falk and Lewandowski join ACG as Ex-Im remains effectively shut. The export credit agency has lacked the board quorum needed to provide financing greater than $10 million since being reauthorised in December 2015.

Source: Cirium Dashboard