VMIC announced on the 23rd that it has successfully extended the lease and completed refinancing for a B777-300ER aircraft owned by a domestic institution and leased to Emirates

VMIC, the only aviation finance and leasing specialized company in Korea, announced today that it has signed a memorandum of understanding (MOU) with IX Swap, a leading global platform for STOs. Under the agreement, the two companies will collaborate on issuing and distributing security tokens based on real-world assets (RWA), including aviation assets such as aircrafts and aircraft engines, to investors around the world.

VMIC Aviation(CEO Kyohoon Nam), an aircraft lease management startup, announced on the 28th its signing MOU with India Voler Haut Aviation for collaboration in India-South Korea aircraft lease business.Through the agreement, VMIC Aviation and Voler Haut Aviation will work closely to rapidly expand into the global aircraft leasing market in addition to Indian aircraft leasing by applying high market standards through technical cooperation between the two companies.‍

VMIC announced that the Aviation STO consortium is approved officially by Financial Supervisory Commission.

VMIC announced the launching plan of spare engine pooling service for Korean LCC in 2024.

VMIC joined the aviation STO consortium with Cirium, Shinhan Securities, Eugene Securities and Galaxia Moneytree.

VMIC is selected for the program by Korea Credit Guarantee Fund. The program gives financial services to Korean corporations for the next three years.

VMIC signed an MOU with Catack-H for the aircraft's Carbon Fiber Reinforced Plastic (CFRP) recycling business. It will give a new perspective to aircraft owner's EXIT strategy.

VMIC announced that we are receiving an equity investment from Galaxia Money Tree, which is in charge of new business for Hyosung Affiliates.