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...meanwhile, at the Rainbow Rooms

01 May 2007

Airfinance Journal's Deal of the Year Awards have proved once again a successful barometer to what is happening in the industry.

Read more: Paphos Lanarka ING RBS SG WestLB Air New Zealand Air India Genesis

At last, an official recipe for toasting a booming market: 250 Bellini cocktails and a five-star a la carte menu. Mix with views of Manhattan's skyline at dusk and serve to notable names in airfinance.

This is how Airfinance Journal's Deal of the Year awards, sponsored by Pegasus Aviation, unfolded at the Rainbow Rooms in New York, and guests applauded in unison as the award winners took to the stage to receive their gongs.

First up was the Airport Finance Deal of the Year, which was awarded to the concession agreement between the Cyprus government and a consortium to develop Lanarka and Paphos Airports. Unlike an airport merger or acquisition, the Cyprus Airports public-private partnership is airport financing in its true form and involved commitments from ING, RBS, SG and WestLB.

Moving across to Asia-Pacific, the Air New Zealand Japanese operating lease showed that investor appetite for these deals is...


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