Michael McCormack's Contact Details

Michael McCormack's Company Details

Engine Lease Finance

Shannon Industrial Estate Shannon, N/A, ie • 100 - 249 Employees
Aerospace/Defense

Engine Lease Finance (ELF) is the world's largest independent spare engine financing and leasing company, specialising in the provision of flexible, short to long-term spare engine support packages for the airline industry.Headquartered in Shannon, Ireland, ELF is owned by Mitsubishi UFJ Lease & Finance (MUL) based in Tokyo. The ownership structure provides ELF with the underlying financing strength and stability required to satisfy the long-term financing needs of airlines and to meet the commercial challenges presented by today's rapidly changing world markets. Since the beginning of 2011, ELF has added more than 130 engines from sale and leaseback and portfolio purchases worth more than $1.3 billion. The company was founded in 1989, with the purpose of satisfying the industry's demand for a quality, truly independent, engine leasing company providing operating leases for modern aircraft engines to airlines world-wide. The company now owns and/or manages approximately 300 engines worth around $2.5bn. The current customer base includes more than 80 airlines and MRO organizations worldwide.Our portfolio of spare engines consists of types from the following OEM's: CFM, IAE, GE Aviation, Pratt & Whitney and Rolls-Royce, enabling us to support our customers' Regional, Narrow-Body & Wide Body aircraft fleets, including E190, A320CEO, B737NG, A320NEO, B737MAX, A330, A340, B767, B787, B777 and B747. ELF offers a comprehensive range of individually tailored financing and leasing-based products and services including:• Spare Engine Purchase & Lease Back• Medium & Long Term Operating Leases• Short Term Engine SV Cover• AOG Spare Engine Support• Engine Acquisitions & Dispositions• Engine & Portfolio Management ServicesIn addition to its Shannon headquarters, ELF has Sales & Marketing representatives based in Singapore, London, Dublin, Boston and Oklahoma.Please visit www.elfc.com to learn more.