Phoenix Aviation Capital, AIP Capital, and LuminArx Join Forces to Acquire Three Airbus A330-300s

In a significant development in the aviation finance sector, Phoenix Aviation Capital, alongside AIP Capital and LuminArx, has announced the acquisition of three Airbus A330-300 aircraft. This transaction marks a crucial step for the involved parties, expanding their collective footprint in the commercial aviation market.

The newly acquired portfolio consists of two Airbus A330-300s from 2012, engines powered by GE CF6, leased to China Airlines, and a single 2015 model aircraft, also powered by GE CF6, currently leased to EVA Air. This acquisition will not only enhance their operational capabilities but also solidify their relationships within the aviation industry.

Mathew Adamo, Managing Partner at AIP Capital and board member of Phoenix, expressed satisfaction with the transaction, praising the collaboration with LuminArx. He emphasized the seamless execution of the deal and commended LuminArx for its innovative approach to structuring and negotiation. This partnership is expected to pave the way for future collaborations as both firms seek to capitalize on emerging opportunities in aviation.

Sanjeev Mordani, Partner at LuminArx, echoed similar sentiments, highlighting AIP Capital's expertise in navigating complex aviation transactions. Their combined strengths were instrumental in executing this deal, which they view as a steppingstone to further joint ventures in alternative financing and asset management.

The acquisition leveraged the strong transactional foundation laid by leading advisors in aviation finance. Vinson Elkins LLP served as legal counsel for the transaction, while KPMG provided tax advisory services to AIP Capital. On the side of LuminArx, Milbank LLP acted as the legal representative, supplemented by tax advice from PwC.

Phoenix Aviation Capital, headquartered in Dublin, acts as a full-service aircraft lessor and is focused on meeting global financing needs for contemporary aircraft models. With its current lease agreements in place, the newly acquired aircraft not only add value to their portfolio but also underline the increasing demand for modern aircraft in the aviation market.

AIP Capital is renowned for its alternative investment strategies with a robust focus on asset-based financing, ensuring significant risk-adjusted returns despite market fluctuations. Its global presence with offices in key cities such as Stamford, New York, Dublin, and Singapore, supports a comprehensive approach embedded in aviation asset management.

LuminArx Capital Management represents a network of global investment managers geared towards providing innovative financial solutions aimed at maximizing returns. Their flexible strategies prioritize downside protection while capitalizing on prevailing market conditions.

With this acquisition of the three Airbus A330-300s, the partnering firms take a proactive step on a path that not only reflects their commitment to the aviation sector but also illustrates their readiness to explore varied opportunities in finance and investment. As the aviation industry continues to evolve, this partnership stands ready to adapt and thrive in any market environment.

In conclusion, the collaboration of Phoenix Aviation Capital, AIP Capital, and LuminArx in securing these aircraft exemplifies a strategic move to enhance their industry positioning, offering promising prospects for the future as they aim to innovate within the aviation finance landscape.