Phoenix Aviation Capital and AIP Capital Announce the Closing of a Pre-Delivery Payment Facility with up to $300 Million in Total Commitments
Summary
DUBLIN and STAMFORD, Conn. and NEW YORK, April 11, 2025 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix" or "the Company"), a full-service aircraft lessor, and AIP Capital, an alternative investment manager focused on asset-based finance opportunities today announced the closing of a Pre-Delivery Payment Financing Facility (the "facility"). This event marks the second transaction completed between the organizations, with Natixis supporting Phoenix through financing on ten CFM LEAP 1B aircraft engines in November 2024. "We are excited to further expand our relationship with Natixis," said Mathew Adamo, Managing Partner of AIP Capital who also serves on the board of Phoenix commented. "This facility represents another milestone for Phoenix as it continues to execute upon its strategy of growing its fleet of next-generation aircraft assets on lease with airlines across the globe. McCann Fitzgerald acted as legal advisor to Phoenix and AIP in Ireland, and PwC provided tax advice.Phoenix Aviation Capital is a full-service aircraft lessor focused on financing modern, in-demand aircraft and is dedicated to meeting the financing needs of its airline customers across the globe.