Aquila Air Capital (Aquila), a leading lessor focused on end-of-life solutions, has announced the successful closing of a US$100 million financing (£83 million).
The financing is aimed at increasing Aquila’s ability to deliver bespoke lease solutions for passenger and cargo operators across the globe.
“We are thrilled to announce the successful closing of this new credit facility. It will enable us to further our mission of being a trusted partner to all players in the value chain, from buyers and sellers of aircraft assets to operators,” said Al Wood, Aquila Air Capital’s Chief Executive Officer.
Deutsche Bank acted as sole structuring agent and underwriter for the financing.
Since the lessor’s inception in 2021, Aquila has been focusing on end-of-life aircraft transactions and has amassed a portfolio of 65 aircraft and engine assets on lease to more than 20 customers globally.
“We’re building a world-class customer-centric organisation that is uniquely positioned to provide a wide range of bespoke leasing solutions for complex transactions. We appreciate the strong support from our investor and lender base; it reflects the market’s confidence in the outlook for our industry and Aquila’s operations,” Wood added.
