ORIX Aviation Names Dean N. Gerber General Counsel

Dublin, Ireland – January 15, 2019 – ORIX Aviation Systems Limited (“ORIX Aviation”), announced today that Dean Gerber will be appointed General Counsel for ORIX Aviation Group, joining in April 2019.

Mr. Gerber is currently Global Transportation Finance Executive Chair, Board and Executive Committee Member of leading international law firm, Vedder Price. Mr. Gerber joined Vedder Price in 1991 and is regarded as one of the top aviation lawyers globally. Under his leadership as Chair of the Global Transportation Finance team at Vedder Price, the firm’s commercial aviation finance practice achieved global recognition and prominence and has been noted by Chambers Global as “one of the top law firms for Asset Finance in the world.”


Mr. Gerber currently serves on the Board of The International Society for Transport Aircraft Trading (ISTAT), is on the Executive Committee for the Legal Advisory Panel for the industry body, Aviation Working Group (AWG), and has been a frequent writer and speaker at industry seminars, air finance conferences and legal forums. Among his many accolades, he was selected annually by his peers for inclusion in The Best Lawyers in America since 2008 and was inducted into the inaugural Legal 500 US Hall of Fame in 2017.

 

 “Dean possesses tremendous legal and aviation business knowledge and experience that will be a great asset to our company in his new role as General Counsel” said James Meyler, Chief Executive Officer at ORIX Aviation. “He has an impressive history of achievement throughout his legal career. I am delighted to have him join our team.”

 

“I am honoured to serve as ORIX Aviation’s General Counsel and I look forward to working with the fantastic team at ORIX Aviation and its global airline customers and asset management clients” said Dean Gerber.

 

About ORIX Aviation Systems: 

ORIX Aviation was established in 1991 in Dublin, Ireland and is a 100% subsidiary of ORIX Corporation of Japan. ORIX Aviation owns and manages over 200 aircraft and leases them to more than 70 airlines located in over 30 countries. ORIX Aviation is headquartered in Dublin with offices in Hong Kong and a team of 85 professionals with USD10 billion of aircraft assets under management. In the past 12 months ORIX Aviation has bought, sold or leased over 100 aircraft valued in excess of USD4 billion. ORIX Aviation completed the acquisition of a 30% shareholding in Avolon in November 2018.

 

ORIX Aviation is focused primarily on investing and trading opportunities in the aircraft leasing and aircraft asset management space while maintaining a strong balance sheet of owned assets to support stable long term profits and future growth. ORIX Aviation is ranked by S&P Global Ratings as STRONG overall ranking on ORIX Aviation as a commercial aircraft lease servicer. The outlook is stable.

The asset management clients of ORIX Aviation are investors based in Japan, US funds and international banks and financial investors.

For more details, please visit our website: www.orixaviation.com  

 

About ORIX:

ORIX Corporation (TSE: 8591; NYSE: IX) is an opportunistic, diversified, innovation-driven global powerhouse with a proven track record of profitability. Established in 1964, ORIX at present operates a diverse portfolio of businesses in the operations, financial services, and investment spaces. ORIX’s highly complementary business activities span industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services. ORIX has also spread its business globally by establishing locations in a total of 38 countries and regions across the world. Through its business activities, ORIX has long been committed to corporate citizenship and environmental sustainability. For more details, please visit our website: https://www.orix.co.jp/grp/en/  

(As of September 30, 2018)

 

About Vedder Price:

Vedder Price is a thriving, 300-lawyer firm with seven offices worldwide, including Chicago, New York, Washington, DC, London, San Francisco, Los Angeles and Singapore. The firm offers a unique mix of finance, corporate, labor and employment, and litigation skills, including market-leading practices in global transportation finance, middle-market finance/M&A, executive compensation, employment class actions and more. Vedder Price has enduring relationships with marquee organizations, and many of the firm’s clients have been with the firm since its founding in 1952.

For more information, visit vedderprice.com

Caution Concerning Forward-Looking Statements:

These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2017 – March 31, 2018.”