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Phoenix Aviation Capital and AIP Capital Announce Agreement to Acquire Ten CFM LEAP-1B Engines
Jul 12, 2024
Contract Type
agreement
DublinSoftwareArtificial Intelligence
Description
Phoenix Aviation Capital and AIP Capital have announced an agreement to acquire a portfolio of ten LEAP-1B engines from CFM International. This agreement represents a strategic milestone for Phoenix Aviation Capital as it continues to grow its portfolio of next-generation assets.
Company Information
Company
AIP Capital
Location
Dublin, Dublin, Ireland
About
AIP Capital was founded in 2023 by an established team with more than three decades of combined experience and ~$10bn of capital deployed across debt and equity in the aviation sector. The company manages ~30 aircraft currently along with a Boeing MAX orderbook of ~100 aircraft. The business focuses on sale-leasebacks, financing and other investments in the aviation sector. Offices in Stamford and Dublin with experienced employees across finance and accounting, technical, risk and underwriting