Investec, a prominent international financial services provider, has completed a structured financing deal for four end-of-life Airbus A330-300 aircraft, managed by aviation asset specialist EirTrade. The aircraft, previously leased to a global airline, will be dismantled for parts by EirTrade following their return from lease, in a process known as part-out.
This deal was executed in partnership with Acorn Capital Management and EirTrade. The collaborative effort underscores a shared commitment to addressing industry challenges and delivering value across the asset lifecycle.
This transaction marks a significant example of innovation in the aviation finance sector, as financing through part-out remains relatively uncommon. The structure offers enhanced flexibility and operational speed, ensuring clients benefit from a streamlined service with Investec involved at every stage. Investec acted as structuring agent, mandated lead arranger and lender, while legal counsel was provided by Milbank for Investec and Clifford Chance for Acorn Capital Management.
The transaction comes at a time when the aviation industry is contending with delivery delays and production bottlenecks, leading to increased interest in mid- and end-of-life aircraft. By leveraging its deep technical and asset management expertise, Investec has positioned itself to meet the evolving needs of the sector.
Investec Aviation Finance, part of Investec Bank plc, operates globally with teams in the UK, South Africa, the US, Singapore and Dublin. Over the past decade, the team has originated around US$10 billion of aviation debt and managed or acquired more than US$9 billion in aircraft assets, reinforcing its strong market presence.
