Phoenix Aviation Capital Acquires Airbus A321neo
Deal News | Mar 06, 2025 | PR Newswire Cision AIP Capital
Phoenix Aviation Capital has acquired an Airbus A321neo aircraft on a long-term lease with IndiGo. The deal, facilitated by AIP Capital, marks the second transaction involving ORIX Aviation. The aircraft, manufactured in 2024 and powered by CFM LEAP-1A engines, is part of Phoenix's strategy to finance modern aircraft in response to airline demands. Legal and tax advisories for the transaction were provided by Gibson Dunn, O'Melveny, and KPMG. Phoenix, based in Dublin, is managed by AIP Capital, a global investments firm with offices spanning several cities.
Sectors
- Aviation Leasing
- Private Equity & Investment Management
- Aerospace Manufacturing
Geography
- Ireland – Phoenix Aviation Capital is based in Dublin, and plays a significant role in the transaction from this location.
- United States – AIP Capital has a presence in Stamford and New York City, signifying American involvement.
- India – The aircraft is leased to IndiGo, a major airline in India.
Industry
- Aviation Leasing – Phoenix Aviation Capital's primary operations involve leasing aircraft, making this industry classification highly relevant.
- Private Equity & Investment Management – AIP Capital's role as an investment manager signals the involvement of private equity in asset-based finance.
- Aerospace Manufacturing – The acquisition of the Airbus A321neo ties the transaction to aerospace manufacturing.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Phoenix Aviation Capital | Acquirer | Company | A full-service aircraft lessor focused on modern, in-demand aircraft. |
| AIP Capital | Investment Manager | Company | A global alternative investment manager focused on asset-based finance. |
| ORIX Aviation | Vendor | Company | The entity from which Phoenix Aviation Capital acquired the aircraft. |
| IndiGo | Lessee | Company | An airline company leasing the Airbus A321neo. |
| Gibson Dunn | Transaction Counsel | Company | Provided legal advisory services to Phoenix and AIP Capital. |
| O'Melveny | Transaction Counsel | Company | Provided legal advisory services to ORIX Aviation. |
| KPMG | Tax Advisor | Company | Advised on tax matters for Phoenix and AIP Capital. |