Phoenix Aviation Capital Expands Fleet with New Boeing 787-9
Phoenix Aviation Capital’s New Acquisition of Boeing 787-9
Phoenix Aviation Capital, a prominent aircraft leasing company, has announced a significant addition to its roster with the acquisition of a Boeing 787-9 aircraft, marking a strategic partnership with American Airlines. The initiative aims to enhance the capabilities of its airline customers and improve operational efficiency in the aviation sector.
The Inaugural Partnership with ORIX Aviation
This acquisition is particularly noteworthy as it represents the first collaboration between Phoenix Aviation Capital, AIP Capital, and ORIX Aviation. The aircraft, a model featuring advanced GEnx engines, is a 2018 vintage with the manufacturer’s serial number 40646. It’s not just an aircraft; it's a powerful asset aimed at modernizing airline operations and overall customer experience.
Statements from Company Executives
Expressing his satisfaction, Mathew Adamo, Managing Partner at AIP Capital, stated his appreciation for ORIX Aviation's professionalism. He remarked on the partnership's potential for future transactions, emphasizing the mutual benefits that will arise from such collaborations. Meanwhile, James Meyler, the CEO of ORIX Aviation, echoed similar sentiments, expressing enthusiasm for working closely with Phoenix and AIP Capital.
Expertise and Guidance in the Transaction
The successful orchestration of this transaction involved intricate planning and expert counsel. Gibson Dunn acted as the transaction counsel for both Phoenix Aviation and AIP Capital, while O'Melveny served as counsel for ORIX Aviation. The guidance of KPMG was instrumental in navigating tax-related matters, showcasing a robust network of professionals dedicated to ensuring the success of the transaction.
Understanding Phoenix Aviation Capital
Phoenix Aviation Capital is not just an aircraft lessor; it is dedicated to supporting airlines with modern and in-demand aircraft. Centered in Dublin and managed by AIP Capital, the firm is committed to addressing the evolving financing needs of airlines globally. The expertise of Phoenix Aviation Capital in the aviation sector sets it apart as a reliable partner.
AIP Capital’s Role in the Aviation Landscape
AIP Capital plays a vital role in commercial aviation investments, focusing on opportunities that yield attractive returns across different market conditions. The company's commitment to hands-on management and strategic relationships positions it well within the competitive aviation market. With international offices in Stamford, Dublin, and Singapore, AIP Capital maintains a broad global reach, reinforced by a dedicated team of professionals.
Looking Forward: Growth and Opportunities
As the aviation industry continues to evolve, the partnership between Phoenix Aviation Capital and AIP Capital is expected to grow, signaling more deals to come. The recent acquisition is just the start of what could become a fruitful collaboration that benefits both companies and their airline partners.
Frequently Asked Questions
What aircraft was acquired by Phoenix Aviation Capital?
Phoenix Aviation Capital acquired a Boeing 787-9 aircraft on lease with American Airlines.
Who partnered with Phoenix for this acquisition?
The acquisition was made in partnership with AIP Capital and ORIX Aviation.
What is the significance of this acquisition?
This acquisition enhances Phoenix Aviation's fleet and supports the modern operational needs of its airline customers.
What roles did Gibson Dunn and KPMG play in this transaction?
Gibson Dunn served as transaction counsel for Phoenix and AIP Capital, while KPMG advised on tax matters.
How does Phoenix Aviation Capital support airlines globally?
Phoenix Aviation Capital focuses on providing modern aircraft finance solutions tailored to the evolving needs of airlines around the world.
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