Aircraft leased to China Airlines and EVA Air acquired by Phoenix Aviation Capital

Phoenix Aviation Capital, along with AIP Capital and LuminArx Capital Management, announced Monday that they have jointly acquired a portfolio of three Airbus A330-300 aircraft.

The portfolio includes two 2012 vintage Airbus A330-300 aircraft (MSN 1346 and 1367), both powered by GE CF6 engines and leased to China Airlines. The third aircraft, a 2015 vintage Airbus A330-300 (MSN 1690), is also powered by GE CF6 engines and leased to EVA Air.

"We are pleased to have executed this transaction with LuminArx," said Mathew Adamo, managing partner at AIP Capital and board member of Phoenix. "LuminArx was an exceptional partner – creative, solutions-oriented, and highly efficient in execution. Their ability to understand our position, then structure and close made this acquisition seamless. We look forward to building upon this successful partnership in the future."

"We are delighted to have partnered with AIP Capital to complete the financing for the purchase of these three aircraft," said Sanjeev Mordani, partner at LuminArx. "AIP's ability to navigate complex aviation transactions and find long-term value made them an invaluable partner in this acquisition. We found their hands-on approach and deep understanding of the aviation finance market instrumental. We look forward to expanding our collaboration and exploring new opportunities across adjacent asset classes."

Phoenix Aviation Capital is a full-service aircraft lessor. AIP Capital is a global alternative investment manager focused on opportunities in asset-based finance. LuminArx Capital Management is a global alternative investment manager.