MRO Magazine

Intrepid Finances One Airbus A330-300 with DVB Bank and One Airbus A330-300 with Erste Bank


November 30, 2015
By Business Wire News

STAMFORD, Conn.

Intrepid Aviation today announced the financing of one new Airbus A330-300 with DVB Bank. The aircraft delivered November 24 on long-term lease to EVA Airways.

In addition, Intrepid Aviation also announced the financing of a second new Airbus A330-300 with Erste Bank. The aircraft was also purchased in November.

“We are pleased to continue the excellent relationship with DVB by adding another attractive long-term financing,” said Mike Lungariello, Intrepid’s Chief Financial Officer. “In addition, we are delighted to welcome the support of Erste Bank to Intrepid’s already diverse pool of global lending relationships.”

ABOUT INTREPID AVIATION

Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody equipment, such as the Boeing 787, 777 and the Airbus A330 aircraft.

ABOUT INTREPID AVIATION’S SHAREHOLDERS, RESERVOIR CAPITAL & CENTERBRIDGE PARTNERS

Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has approximately $7 billion in assets under management. – Centerbridge Partners, LP. is a private investment firm headquartered in New York City with approximately $20 billion in capital under management.

For more information on Intrepid Aviation, www.intrepidaviation.com

Intrepid Aviation
Samantha Whitford, 203-905-4230
Media@intrepidaviation.com