Aircraft lessor Phoenix Aviation Capital and alternative investment manager AIP Capital acquired one 787-9 aircraft on long-term lease with American Airlines from ORIX Aviation.
This marks the first transaction between Phoenix and AIP Capital with ORIX. The aircraft is a 2018 vintage powered by GEnx engines.
Gibson Dunn acted as transaction counsel to Phoenix and AIP Capital. O'Melveny acted as transaction counsel to ORIX Aviation. KPMG advised Phoenix and AIP Capital on tax matters.
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