AIP Capital has closed a $230 million acquisition facility to purchase seven Boeing 737 MAX 8 aircraft, enhancing its portfolio in the recovering aviation sector.

Target Information

AIP Capital, a prominent global aviation asset management and investment firm, has successfully closed a significant acquisition facility valued at approximately $230 million. This facility is dedicated to financing the purchase of seven Boeing 737 MAX 8 aircraft that are either newly delivered or scheduled for delivery between 2021 and 2023. These aircraft are currently under long-term leases with three established airlines, forming a crucial component of AIP's strategic growth plans.

The acquisition facility was structured to be non-recourse, providing AIP with enhanced financial flexibility while acquiring these high-demand aircraft. Jared Ailstock, Managing Partner of AIP, expressed optimism regarding the facility, indicating that it represents an important milestone in AIP's diversified strategy. By owning and managing these aircraft, AIP aims to strengthen its market position and expand its operational capabilities.

Industry Overview

The aviation industry in the relevant country has demonstrated resilience and significant growth potential in recent years. With an increase in global air travel demand, airlines are increasingly investing in modern and fuel-efficient aircraft s