30 March 2023
McCann FitzGerald LLP advises ORIX Aviation in connection with the 100% acquisition of an aircraft portfolio from Merx Aviation
McCann FitzGerald LLP is delighted to have acted as transaction counsel to ORIX Aviation in connection with the 100% acquisition of an aircraft portfolio, consisting of 14 narrowbody aircraft with 10 lessees across multiple continents, from Merx Aviation.
The aircraft were previously held in a joint venture between ORIX Aviation and Merx Aviation, which commenced in 2017 with 35 aircraft valued at $1bn. After trading activity, the portfolio currently consists of 14 narrow body aircraft valued at over $300 million.
The McCann FitzGerald team was led by Catherine Deane, Stephen Fuller and Ian Payne.
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