Company History

2015

Global Transportation Finance Deal of the Year Asia Award for ICBC Leasing/Garuda JOLCO financing of three A320-200.

2014

PK AirFinance financed its first helicopter and has developed a new service of ship financing.

2013

Company reaches $6.8 billion in portfolio volume and cumulative origination reaches $29 billion.

2011

PK implements a replacement to SAFE: Lending EDGE, a full-fledged Monte-Carlo simulation tool for risk-reward analysis.

2010

PK AirFinance Japan becomes part of GE Japan Corporation.

2005

Air Finance Journal European Deal of the Year Award for British Airways Secured Stand-By Facility.

2001

PK opens office in Toulouse (France).

2000

General Electric Capital Corporation’s GECAS buys CLPK Airfinance Company renamed PK AirFinance.

1998

European Commission asks CL to sell CLPK European. PK closes first ever a/c backed CLO.

1996

CLPK opens rep office in Tokyo.

1994

PK implements unique risk-reward tool (SAFE).

1993

Asset Management Unit set up.

1991

Remaining 15% sold to CL. Loss incurred. Changes in management. Recapitalization.

1990

CLPK opens branch in New York.

1988

85% of Air Group sold to Crédit Lyonnais (CL). Company renamed Crédit Lyonnais/PK Airfinance (CLPK).

1985

First syndicated aviation facility (UAS Pool). Separate Air Group established.

1983

First aircraft financing (Martinair DC-10-30).

1979

PK-Banken established in Luxembourg by Pkbanken Sweden.