Phoenix Aviation Capital Acquires Three Airbus A330-300 Aircraft
Deal News | Mar 10, 2025 | PR Newswire Cision AIP Capital
Phoenix Aviation Capital, an aircraft leasing company managed by AIP Capital, announced the acquisition of three Airbus A330-300 aircraft in a partnership with AIP Capital and LuminArx Capital Management. The transaction involves two 2012 vintage aircraft leased to China Airlines and a 2015 vintage aircraft leased to EVA Air, each equipped with GE CF6 engines. The partners expressed satisfaction with the seamless execution of the deal, facilitated by legal and tax advisors Vinson & Elkins, Milbank LLP, KPMG, and PwC. The acquisition reflects AIP Capital's strategic investment in aviation assets and LuminArx's flexible capital solutions strategy.
Sectors
- Aviation Leasing
- Alternative Investment
- Aviation Finance
Geography
- Ireland – Phoenix Aviation Capital is based in Dublin, Ireland.
- United States – AIP Capital and LuminArx Capital Management are based in Stamford and New York, respectively, indicating their involvement from the United States.
- Asia – The aircraft are leased to China Airlines and EVA Air, which are based in Asia, reflecting the geographical operation of the assets.
Industry
- Aviation Leasing – The acquisition involves the leasing of aircraft to airline companies, specifically Airbus A330-300s to China Airlines and EVA Air.
- Alternative Investment – AIP Capital and LuminArx Capital Management are involved in alternative investment management, focusing on asset-based finance and strategic capital solutions.
- Aviation Finance – The transaction represents investment and management in aviation assets by private equity and financial firms.
Financials
- Undisclosed – The financial terms of the acquisition of the three Airbus A330-300 aircraft were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Phoenix Aviation Capital | Target | Company | A full-service aircraft lessor focusing on financing modern aircraft. |
| AIP Capital | Bidding Company | Company | An alternative investment manager focusing on asset-based finance. |
| LuminArx Capital Management | Bidding Company | Company | A global alternative investment manager providing strategic capital solutions. |
| China Airlines | Aircraft Lessee | Company | An airline company leasing two of the acquired Airbus A330-300 aircraft. |
| EVA Air | Aircraft Lessee | Company | An airline company leasing one of the acquired Airbus A330-300 aircraft. |
| Vinson & Elkins LLP | Legal Advisor | Company | Provided legal counsel for the transaction for AIP Capital. |
| KPMG | Tax Advisor | Company | Acted as tax advisor for AIP Capital in the transaction. |
| Milbank LLP | Legal Advisor | Company | Provided legal counsel for LuminArx in the transaction. |
| PwC | Tax Advisor | Company | Acted as tax advisor for LuminArx in the transaction. |