Phoenix Aviation Capital Upsizes Credit Facility
On October 22, 2025, Phoenix Aviation Capital, a renowned aircraft leasing company managed by AIP Capital, announced a significant expansion of its senior secured credit facility, increasing it from $300 million to a total of $550 million. This strategic decision reflects a robust show of confidence from various lending partners and supports the company's ambitious growth objectives within the aviation sector.
Highlights of the Credit Facility
The recent upsizing of $250 million marks a pivotal moment for Phoenix Aviation, further solidifying its financial backing in a competitive market. Key banks involved in this initiative include HSBC, Truist, Fifth Third Bank, Crédit Agricole, BNP Paribas, and Bayern LB, each contributing to the facility's growth. The Royal Bank of Canada served as the Structuring Agent, while Citibank and Morgan Stanley acted as Joint Lead Arrangers for the transaction.
As of the start of 2025, Phoenix Aviation had successfully raised over $2 billion in bank and institutional capital aimed at reinforcing its growth strategy. Jared Ailstock, Managing Partner at AIP, expressed gratitude towards the bank group for their unwavering support, stating that this expanded financial commitment signals strong belief in Phoenix’s operational strategies.
Strategic Importance of the Upsize
The increase in the credit facility is not merely a financial maneuver; it reflects the growing confidence among the lender group in Phoenix Aviation's long-term strategy. Patrick Schafer, a Partner at BC Partners and board member of Phoenix, emphasized the importance of welcoming new lenders, which strengthens Phoenix's standing in the aviation finance market. With additional capacity and flexibility from this facility, Phoenix is now better equipped to support its diverse global airline customer base.
This capital infusion will enable Phoenix to continue its mission of providing exceptional service and competitive leasing solutions to airlines worldwide, creating a ripple effect throughout the global aviation industry.
About Phoenix Aviation Capital and AIP Capital
Phoenix Aviation is a full-service lessor of aircraft, focusing on leasing solutions that meet the diverse needs of airline operators. AIP Capital, as the management company, specializes in asset-based finance investments and manages substantial capital on behalf of a diverse group of investors.
Their collective expertise and strategic positioning in the financial markets have facilitated Phoenix’s remarkable growth trajectory. This recent upsizing reinforces their commitment to delivering innovative financial solutions tailored to an evolving aviation landscape.
Key Players Involved
- - AIP Capital: A global alternative investment firm, AIP plays a crucial role in managing asset-based finances, with a focus on aviation and equipment financing. Their successful management of approximately $4 billion in assets highlights their proactive approach to creating value within the investment landscape.
- - BC Partners: An influential investment firm with a focus on private equity and debt strategies. Their collaboration with AIP Capital enhances the resource availability and strategic insight needed to navigate complex market segments effectively.
The successful upsizing of the credit facility illustrates a well-coordinated effort among industry leaders aimed at positioning Phoenix Aviation for future successes while reinforcing relationships with key financial institutions. As the aviation landscape continues to evolve, Phoenix Aviation is poised to leverage this new capital to explore additional growth opportunities and strengthen its market presence.
Conclusion
With this significant financial boost, Phoenix Aviation is set to enhance its services and broaden its impact on the aviation industry. The support from its lending partners acknowledges both the company’s reliability and the promising outlook that lies ahead in aviation finance. As global travel demands rise, Phoenix’s strategic growth alongside robust financial backing sets the stage for continued innovation and leadership in the aircraft leasing sector.