Waystone, a provider of services to the asset management industry, has been chosen as the corporate service provider to the Irish entities of Riyadh-based AviLease’s aviation platform.
Waystone said its "highly experienced corporate aviation team has extensive experience in aviation transactions and has expertise in the relevant areas of accounting, tax and law" and described the winning of the contract as "another significant milestone in the evolution of its corporate services offering".
“This mandate is a further example of the market view of the service that we provide to our clients. Additionally, it demonstrates our cross-functional and cross-jurisdictional operating model which clients come to expect of a global player in this sector," said Frank Dowling, a former Airbus executive and Waystone managing director, structured finance.