Phoenix Aviation Capital, a full-service aircraft lessor, AIP Capital, an alternative investment manager focused on asset-based finance, and LuminArx Capital Management, a global capital solutions provider, have successfully acquired a portfolio consisting of three Airbus A330-300 aircraft.
The portfolio includes two 2012 vintage Airbus A330-300 aircraft, identified by MSN 1346 and MSN 1367, both powered by GE CF6 engines and currently leased to China Airlines. The third aircraft in the portfolio is a 2015 vintage Airbus A330-300, identified by MSN 1690, which is also powered by GE CF6 engines and is leased to EVA Air.
Commenting on the acquisition, Mathew Adamo, Managing Partner at AIP Capital and a board member of Phoenix, expressed his satisfaction with the collaboration, stating, “We are pleased to have executed this transaction with LuminArx. LuminArx was an exceptional partner – creative, solutions-oriented, and highly efficient in execution. Their ability to understand our position, then structure and close made this acquisition seamless. We look forward to building upon this successful partnership in the future.”
Sanjeev Mordani, Partner at LuminArx, also spoke highly of the partnership, saying, “We are delighted to have partnered with AIP Capital to complete the financing for the purchase of these three aircraft. AIP’s ability to navigate complex aviation transactions and find long-term value made them an invaluable partner in this acquisition. We found their hands-on approach and deep understanding of the aviation finance market instrumental. We look forward to expanding our collaboration and exploring new opportunities across adjacent asset classes.”
The successful acquisition highlights the strong working relationship between these companies and their shared commitment to navigating the complex aviation finance market.
