Ashland Place Completes Two New Financing Facilities for Sirius Aviation Capital

Rhea-AI Summary

Ashland Place Finance has successfully completed two new financing facilities for Sirius Aviation Capital, a global aircraft lessor based in Abu Dhabi Global Market. The financing involves two A320-200 aircraft currently leased to:

• ANA's Peach Aviation in Japan
• Volaris (NYSE: VLRS) in Mexico

Jennifer Villa, Ashland Place's Executive Director and Group Head, expressed appreciation for the collaboration with Sirius. Edward Coughlan, CEO of Sirius, acknowledged Ashland Place as a trusted partner, highlighting their expertise in specialized financings.

Legal representation for the transactions was provided by A&O Shearman for Ashland Place and McCann Fitzgerald for Sirius.

Positive

• Successful completion of two new financing facilities for A320-200 aircraft
• Active lease agreements with established airlines (ANA's Peach Aviation and Volaris)
• Strengthening partnership between Ashland Place and Sirius Aviation Capital
• Geographic diversification of leases across Japan and Mexico markets

Negative

• None.

Insights

Financial Services Expert

Ashland Place and Sirius complete routine aircraft financing deal for two leased A320s, signaling continued partnership in aviation finance.

The completion of two new financing facilities between Ashland Place Finance and Sirius Aviation Capital represents a continuation of their existing financing relationship rather than a transformative development. The deal covers two A320-200 aircraft - standard narrow-body planes currently operating with established carriers Peach Aviation (Japan) and Volaris (Mexico).

While the article doesn't disclose financial terms or transaction size, this appears to be a routine financing arrangement in the aviation leasing sector. For Sirius, based in Abu Dhabi Global Market, securing specialized financing for already-deployed assets typically helps optimize capital allocation and potentially enables further fleet management flexibility.

The geographical diversity of the lessees (Japan and Mexico) demonstrates Sirius's cross-regional portfolio approach, which helps distribute market exposure risk. The statement from Sirius CEO Edward Coughlan describing Ashland Place as a "trusted partner" indicates satisfaction with previous arrangements, suggesting stable business relations between the entities.

This transaction represents normal operational activity in the aircraft leasing space, where specialized financing platforms like Ashland Place work with global lessors to support their fleet financing requirements. Without disclosed financial metrics, the market impact remains difficult to quantify but appears modest in scale at just two aircraft.

Aviation Industry Analyst

Two A320 aircraft financing deal shows continued demand for narrow-body leasing across diverse geographic markets.

The financing of two A320-200 aircraft currently on lease to carriers in Japan and Mexico highlights the ongoing global demand for this popular Airbus narrow-body model. These aircraft represent workhorse assets in commercial aviation, typically deployed on short to medium-haul routes with strong utilization profiles and established secondary market value.

The placement with Peach Aviation (a low-cost subsidiary of ANA) and Volaris (a leading Mexican ultra-low-cost carrier) demonstrates the versatility of the A320 across different aviation business models and markets. Both carriers operate in growing air travel markets, suggesting reasonable security for the underlying lease arrangements.

For Sirius Aviation Capital, maintaining diverse geographic exposure through placements in both Asian and Latin American markets helps mitigate regional market fluctuations. This diversification strategy is particularly valuable in managing risk across global aviation market cycles.

The collaboration between specialized aviation finance providers and aircraft lessors represents the standard capital structure approach in the industry, where dedicated financing expertise supports the capital-intensive nature of aircraft leasing. While modest in volume at just two aircraft, such transactions form the building blocks of the broader aviation finance ecosystem.

NEW YORK, April 29, 2025 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of two new facilities for Sirius Aviation Capital Holdings Limited ("Sirius"), a global aircraft lessor based in Abu Dhabi Global Market. Both A320-200s, the aircraft are currently operating on lease to ANA's Peach Aviation Limited ("Peach") in Japan and Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris") in Mexico.

"Ashland Place is appreciative of the collaboration with the Sirius team to complete these two additional transactions," said Jennifer Villa, Ashland Place's Executive Director and Group Head. "Our team is proud to have worked with Sirius again, and we look forward to future financings."

Edward Coughlan, Chief Executive Officer of Sirius, said, "Ashland Place is a trusted partner.  We are pleased with Jennifer and her team's deep expertise and ability to provide innovative, specialized financings."

A&O Shearman served as legal counsel for Ashland Place and McCann Fitzgerald LLP represented Sirius on these transactions.

About Ashland Place Finance LLC
Ashland Place Finance LLC is an institutional financing platform offering innovative capital solutions to the global commercial aerospace industry. Ashland Place is a wholly-owned subsidiary of Davidson Kempner Capital Management LP. Additional information can be found at: www.ashlandplace.com.

About Sirius Aviation Capital
Sirius Aviation Capital Holdings Limited is a global aircraft lessor based in Abu Dhabi Global Market ("ADGM"). Sirius deploys innovative strategies in the financing and acquisition of aircraft offering investors in its funds attractive, risk adjusted stable and transparent returns. Sirius primarily targets opportunities in mid-life, short-haul aircraft. More information can be found at www.siriusavcap.com.

Media Contact: 

Ashland Place

Prosek Partners
pro-davidsonkempner@prosek.com

Sirius Aviation Capital

Brendan Murphy
brendan.murphy@teneo.com

View original content:https://www.prnewswire.com/news-releases/ashland-place-completes-two-new-financing-facilities-for-sirius-aviation-capital-302440409.html

SOURCE Ashland Place

FAQ

What aircraft financing deal did Ashland Place complete with Sirius Aviation in 2025?

In April 2025, Ashland Place completed two new financing facilities for Sirius Aviation Capital for two A320-200 aircraft. These aircraft are currently leased to Peach Aviation (ANA) in Japan and Volaris (VLRS) in Mexico.

How does the Ashland Place-Sirius aviation deal impact Volaris (VLRS) operations?

The financing deal provides Volaris (VLRS) with continued access to one of the A320-200 aircraft through a lease arrangement, supporting their operational fleet capacity in Mexico.

Which airlines are operating the A320-200s financed in the Ashland Place-Sirius deal?

The two A320-200 aircraft are being operated by Peach Aviation (ANA's subsidiary in Japan) and Volaris (VLRS) in Mexico through lease agreements.

What role does Sirius Aviation Capital play in the 2025 Volaris (VLRS) aircraft lease?

Sirius Aviation Capital, based in Abu Dhabi Global Market, acts as the lessor of the A320-200 aircraft to Volaris (VLRS), with financing provided through Ashland Place.

What type of aircraft are involved in the Ashland Place financing for VLRS?

The financing involves an A320-200 aircraft that is leased to Volaris (VLRS). This is one of two A320-200s included in the financing facilities, with the other being leased to Peach Aviation.