Phoenix Aviation Capital and AIP Capital Secure $592 Million Term Loan for Growth Initiatives
Phoenix Aviation Capital and AIP Capital: A New Chapter in Aviation Financing
In a significant move aimed at bolstering its growth strategy, Phoenix Aviation Capital, a prominent full-service aircraft lessor, has announced the issuance of a $592 million term loan facility. Managed by AIP Capital, this alternative investment manager is focusing on opportunities in asset-based finance, signifying a robust commitment to expanding in-demand aviation assets.
The loan marks an important milestone for Phoenix Aviation, which aims to utilize the proceeds not only to repay existing warehouse debt but also to finance future growth initiatives. Since the beginning of 2025, the company has successfully raised over $2 billion in bank and institutional capital to support its expansion plans. This infusion of capital will provide Phoenix with longer-term flexibility as it continues enhancing its portfolio of next-generation aircraft.
Jared Ailstock, Managing Partner at AIP, stressed the term loan facility's strategic importance. He noted, "The issuance of this term loan facility provides Phoenix with longer-term flexibility as it continues to grow its portfolio of in-demand aviation assets. We also believe that it reflects further confidence in Phoenix's strategy among our lending partners."
This sentiment was echoed by Patrick Schafer, a Partner at BC Partners and a board member of Phoenix. He highlighted that the loan represents another milestone in Phoenix's strategic execution to expand its fleet. The additional capacity and flexibility derived from this facility are expected to be pivotal in enhancing Phoenix’s operational capabilities.
The underwriting of the term loan has been facilitated by industry stalwarts Morgan Stanley, Citi, and RBC Capital Markets, serving as Joint Lead Arrangers and Joint Bookrunners. Notably, Morgan Stanley also holds the position of Administrative Agent and Collateral Agent for this transaction.
About Phoenix Aviation Capital and AIP Capital
Phoenix Aviation Capital specializes in financing modern, high-demand aircraft and is committed to catering to the diverse financial needs of airline customers worldwide. The company is headquartered in Dublin, demonstrating a strong presence in global aviation finance.
On the other hand, AIP Capital is a global investment manager known for focusing on asset-based finance opportunities, covering areas such as aviation and equipment finance. With a management portfolio of around $4 billion, AIP boasts a well-distributed global investor base. Their experienced team, comprised of over 50 professionals, operates across Stamford, New York City, Dublin, and Singapore, showcasing their extensive reach in the industry.
As the aviation sector continues to evolve and demand for aircraft increases, Phoenix Aviation Capital and AIP’s strategic maneuvers, particularly this recent term loan issuance, reflect a forward-thinking approach adept at navigating the complexities of aviation financing. This initiative not only strengthens their financial position but also underscores their commitment to growing a fleet capable of meeting the future demands of the airline industry.
For more information about Phoenix Aviation Capital or to connect with company executives, interested parties can reach out via their official communication channels. The updates from these firms are pivotal as they represent a significant evolution in the aviation finance landscape, opening new avenues for investment and growth in a recovering global travel market.