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AerFin and Turning Rock partner on Airbus A320neo acquisition
Yahoo Financeยท 2025-11-10 13:54
Core Insights - UK-based aircraft leasing company AerFin has entered into an asset-backed financing arrangement for the acquisition of three Airbus A320neo airframes in collaboration with Turning Rock Partners [1] - The aircraft will be integrated into a revenue pooling framework, with AerFin managing the dismantling, maintenance, and distribution of parts [1] Company Operations - AerFin operates logistics centres in the UK, the US, and Singapore, providing support to airlines and maintenance organizations globally [2] - The company focuses on efficient use of parts recovered from disassembled airframes, aiming to offer steady returns over the investment period [2] Transaction Details - ORIX Aviation acted as the transaction adviser and provided technical inspections for Turning Rock Partners [2] - Legal advice was provided by Holland & Knight, while Deloitte served as accounting and tax adviser [3] Strategic Focus - Turning Rock Partners emphasizes sourcing opportunities in asset-heavy sectors where capital inefficiencies and market dislocation create compelling entry points [4] - AerFin's CEO highlighted the confidence investors have in the company's ability to maximize value from next-generation assets like the A320neo [4] Value Proposition - AerFin claims that its technical expertise and proven track record in strategic asset monetization enable the delivery of efficient, sustainable solutions that unlock value and create long-term benefits for partners [5]