Novus Aviation Capital and PK AirFinance have finalised a structured debt financing agreement with Breeze Airways (Breeze) to support the acquisition of three Airbus A220 aircraft.
Under the transaction, PK AirFinance provided senior debt financing, while Novus, through its Tamweel Aviation Finance platform — a junior debt fund focused on Airbus aircraft — delivered mezzanine financing. The combined structure enabled Breeze Airways to take delivery of the three aircraft during the fourth quarter of 2025, aligning with its broader objective of scaling operations while maintaining a modern, fuel-efficient fleet.
The Airbus A220, widely recognised for its operational efficiency and lower environmental footprint, remains central to Breeze’s long-term growth strategy. The airline continues to prioritise next-generation aircraft as it expands its network across North America and the Caribbean, where it currently serves 86 cities. The financing arrangement reflects both confidence in Breeze’s business model and the asset value of the A220 platform within the aviation finance market.
Trent Porter, Chief Financial Officer of Breeze Airways, highlighted the importance of strategic financing partnerships in enabling the airline’s continued growth. He noted that support from institutions such as PK AirFinance and Novus plays a key role in delivering Breeze’s offering of convenient, premium travel experiences across its expanding route network.
From a lender perspective, the transaction demonstrates sustained market confidence in both the airline and the aircraft type. Eelco van de Stadt, President of PK AirFinance, emphasised that the deal underscores belief in Breeze’s operating model and the long-term value proposition of the A220. He also pointed to the importance of disciplined capital deployment and effective structuring in supporting airline growth.
