What we do
We are a boutique financing company specialising in structured financing solutions for small airlines. We have been in the aviation industry since 2001 involved with financial structuring, aircraft ownership, aircraft leasing, aircraft maintenance and operating small and large airlines, including some national airlines.
Financing
Securing finance for small airlines is often difficult, especially in developing countries. Allegiance Capital has relationships which are used to structure finance transactions, typically where sellers are willing to enter lease purchase agreements. Our partners are specialist aircraft financing companies, banks, developmental institutions, other private equity funds and high net worth individuals.
Leasing
Allegiance Capital leverages existing Lessor leases to bring favourable terms to new lease arrangements. Lessors are comfortable knowing that leases introduced by Allegiance Capital have been pre-vetted to ensure sustainability and creating win-win solutions.
Consulting
Starting an airline is a complex task with little room for error. Allegiance Capital has partnered with a highly qualified team of aviation experts to consult to our clients and partner airlines.
Facts
Some interesting facts
Countries we have worked In
Aircraft and Marine assets
Value ($ millions)
Services and Partnerships
Allegiance Capital makes use of great partnerships with industry experts to help us to provide a complete solution for our clients.
Allegiance Capital
We provide the structure to solidify the components of an airline, including aircraft (ACMI or dry lease basis), finance (debt or equity), expertise, systems integration, maintenance, route planning, marketing and key management.
Mandela Dlamini and Associates
Led by Prince Muzi Dlamini, MDA supports Allegiance Capital with political relations and high profile engagements.
Borneo Aerospace
Borneo Aerospace is a financing company established to support structured finance deals with the specific aim of growing airline clients globally to introduce new aircraft to their fleets supplied by a partner aircraft assembly factory in Brunei.
Portfolio of Projects
Some of the projects we have worked with over since 2006
Cessna Citations
Allegiance Capital acquires two Cessna Citations for charter operations with Rossair in 2006.
Embraer Regional Aircraft
Allegiance Capital acquires 9 Embraer 120 aircraft from Comair (Delta airlines) for leasing operations in Africa between 2006-2010.
Boeing 737
Allegiance Capital acquires one Boeing 737 from Gabon Airways for leasing operations in Africa in 2007.
BAE Regional Aircraft
Allegiance Capital acquires 8 BAE146-200 aircraft from Cityjet (Ireland) and Canada Air Jazz (Canada) for leasing operations in Africa between 2008-2010.
Air Tourist - Gabon
Air Tourist Gabon is a small private airline based in Gabon. Allegiance capital partnered with Air Tourits to provide two Embraer 120 aircraft and one BAE146-200 in 2007. The company was later named to Allegiance Gabon in which Allegiance Capital acquired a 40% share of the company
Zambian Airways
Zambian Airways was acting as a defacto national airline for Zambia. Allegiance Capital leased three Embraer 120 turbo prop aircraft to the airline in 2007
Allegiance Air (South Africa)
Allegiance Air was estbalished in 2008 to provide charter operations from Lanseria International airport. Allegiance Capital made two Cessna Citation aircraft and one Embraer 120 aircraft available. The business was funded by Allegiance Capital.
Air Africa International (Tanzania)
Air Africa International partnered with Allegiance Capital to start an airline in Dar Es Salaam with two BAE146 aircraft in 2010
East African Safari Express (Kenya)
Allegiance Capital acquired 100% of East African Safari Express in 2010.
Nouvelle Air Congo (Brazzaville)
Allegiance Capital acquired 60% of the national airline in Brazzaville Congo in 2009.
Equatorial Congo Airlines (Brazzaville)
Allegiance Capital acquired 51% of the national airline in Brazzaville Congo in 2022.
Gabon Airlines
Allegiance Capital financed the maintenance costs for one Boeing 767 on behalf of Gabon Airlines
Jatinga Country Lodge
Allegiance Capital financed the acquisition of a small exclusive boutique hotel in White River, Mpumalanga in 2014
African Atlantic
Allegiance Capital financed the acquisition of two mining vessel to mine the offshore mining concession of Alexkor on the South African West Coast in 2016
Flyafrica
Allegiance Capital mandated to capitalise the relaunch of Flyafrica, a small Zimbabwean airline with plans to operate as a private airline servicing the region. 2024
Congo Airways
Allegiance Capital proposing to structure the finance for the Congolese national airline to acquire two Boeing 777 aircraft and some other airline assets. 2024
Leadership
Leaders don’t create followers; they create more leaders
Cedza Dlamini
Trust Blu Foundation
Prince Muzi Dlamini
Allegiance Capital
Raph Kalunga
Allegiance Capital - DRC
Eric Mouritzen
Allegiance Capital - South AfricaContact
South African Head Office
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Sandton, South Africa
info@allegiancecapital.co.za
+27768542341