Acorn Capital Management Expands Aviation Portfolio with New A330-300 Aircraft Acquisition

On May 8, 2025, Acorn Capital Management announced a major acquisition that marks a new chapter in its aviation investment journey. The firm confirmed that its managed entity, Scissortail Aviation International Leasing I Limited (SAIL I Ltd.), has successfully acquired four Airbus A330-300 aircraft from Altavair L.P. The deal was officially completed on April 28, 2025.

Justin Chung, the Head of Alternative Credit Strategies at Acorn, expressed enthusiasm about the acquisition. He stated, "This represents a significant step forward for Acorn in proving our capability to deliver creative, high-quality structured aviation investments." This acquisition not only enhances Acorn's aircraft portfolio but also showcases the firm's expertise in navigating complex aviation investments.

The acquisition was facilitated through a senior credit facility provided by Investec Bank Plc, which played a crucial role in structuring the financial details of the deal. Legal representation for this transaction was managed by prominent law firms including Clifford Chance US LLP, Clyde & Co LLP, and Milbank.

These newly acquired aircraft are currently leased to a major global airline, known for its strong credit fundamentals. EirTrade Aviation, another key player in Acorn's investment portfolio, is set to manage these assets throughout their lifecycle. The company will oversee the aircraft beyond the lease term, handling crucial processes such as disassembly and parts management. Ken Fitzgibbon, CEO of EirTrade Aviation, highlighted the significance of this step, stating, "This is a huge milestone for EirTrade Aviation as we continue to grow our asset management capabilities and further integrate with Acorn's expanding aviation investment strategies."

EirTrade’s experience in the A330 segment positions it as a valuable asset manager in this deal. Lee Carey, Chief Investment Officer of EirTrade, noted, "At lease end, EirTrade will support Acorn's efforts to monetize the engines and airframes, drawing on our proven expertise where market demand remains strong for A330 material and engines."

The combination of EirTrade's asset management strengths and Acorn's in-house financing capabilities is expected to open new opportunities for growth and further diversification of Acorn's investment portfolio. This acquisition not only reinforces Acorn's position in the global aviation market but also underscores its ability to execute complex, cross-border lease transactions effectively.

Acorn Capital Management continues to solidify its reputation as a pioneering alternative investment firm specializing in the aerospace and defense sectors. The firm aims to enhance global mobility while safeguarding national interests through strategic investments. In addition to its core competence in private equity, Acorn has been expanding into private credit and asset-based finance, showcasing its adaptability to evolving market trends.

The company operates through its platforms Scissortail Aviation and AltAero Aviation Finance, providing comprehensive investment strategies across various sectors within aviation.

For more insights into Acorn Capital Management's initiatives and to stay updated on their latest developments, it's recommended to visit their official website.

In conclusion, this acquisition of four Airbus A330-300 aircraft not only represents Acorn's commitment to expanding its footprint in the aviation industry but also highlights its strategic partnerships and innovative financing capabilities. As the firm continues to forge ahead, it remains a key player in the United States and global aviation markets.