First Greenwich Kahala, Ltd. was established in 2003 to acquire and lease used commercial aircraft and related debt securities. Since that time FGK has successfully acquired over 50 commercial passenger aircraft- including 737s, 757s, A320s, MD80s, and more recently regional jets and turboprop aircraft. The company has also completed several engine and parts transactions. Like many leasing companies which were established at this time, FGK’s activity initially centered on purchasing aircraft in distressed situations and the company’s lessees have included Air Canada, Delta, Northwest, United, and US Air.

However, with offices in Asia and Europe, and numerous long standing international relationships, the company is increasing its non-US activity and has also completed transactions in Thailand, Japan, Greece, Spain, Mexico and the Ukraine.

FGK has substantial capital to commit to acquisitions as principal and its partnership structure translates into a quick decision making process and offers sellers and purchasers of aircraft, or airlines certainty of closing. The company is further supported by in-house technical expertise and the company’s own proprietary data base for lease and maintenance administration.

FGK is also co-manager of the Trafalgar Kahala Jet Fund, a hedge fund focused on the aviation sector. The company has been ranked as one of the world's top aircraft leasing companies by Airline Fleet and Network Management.