February 10, 2023
Royal Aero and Aquila Air Capital Partner on Executing New Financing Facility for Three Boeing 737-800s
Aquila Air Capital (“Aquila”), a leading specialty aviation finance platform, announced today that it has executed a new financing facility involving three Boeing 737-800s in partnership with Royal Aero.
The transaction represents the second financing that Aquila has completed with Royal Aero, having financed another three 737-800s last year.
“In working alongside Ashland Place, we were again pleased to be able to find an optimal and expeditious solution for the transaction. Our teams continue to work very well together,” commented Al Wood, Aquila Air Capital’s Chief Executive Officer.
“Working with the Ashland Place team allows us to move quickly and strategically when we see opportunities in the marketplace to expand our portfolio,” said Paul Jackson, Chief Commercial Officer at Royal Aero.
“We are excited to once again partner with Royal Aero and Aquila,” commented Jennifer Villa, Ashland Place’s Executive Director and Group Head. “Executing efficiently on innovative solutions for clients continues to be our top priority, and we look forward to supporting the Royal Aero and Aquila teams on future projects.”
Ashland Place Finance advised on the facility. McGuire Woods represented Royal Aero and Aquila on this transaction.
About Aquila Air Capital
Founded in 2021, Aquila Air Capital (“Aquila”) is a specialty finance platform focused on providing aviation asset financing, as well as purchasing and leasing aircraft and engines. Led by a management team with decades of experience in the aerospace and aviation industries, Aquila is a trusted partner to all players in the value chain, from buyers and sellers of assets to operators in need of creative and timely solutions for their critical business needs. www.AquilaAirCapital.com