18 Jan 21
Cafico International authorised as an Approved GATS Trustee
Cafico International has been authorised by the Aviation Working Group (AWG) to act as trustee service provider for the Global Aircraft Trading System (GATS), a digital trading platform that has been designed to modernise aircraft equipment trading and financing.
Cafico International is the only Irish owned GATS approved trustee.
AWG has developed GATS to facilitate the trading and financing of aircraft equipment by reducing the burdens on lessees, lessors and financiers and to promote aircraft equipment trading and financing in an efficient, secure and predictable manner. GATS includes a live and searchable electronic ledger displaying ownership details and security interests and will build on the practice of the holding of aircraft equipment in trusts by a professional trustee on behalf of beneficiary.
Managing Director of Cafico International Rodney O’Rourke said; “Our authorisation as a GATS trustee greatly enhances our offering to our clients including banks, airlines and aircraft lessors and lessees. We have built a solid reputation as a secure and reliable partner for those wishing to manage their aircraft financing and leasing operations through Ireland.”
Our services to the aviation industry include:
Cashflow modelling for existing ABS transactions
International Registry Services
Find out more about our Aircraft Finance & Leasing Services