• The vehicles Arcano Aviation Fund, FCR, and Arcano Capital Aviation, SCR, both managed by Arcano Capital SGIIC, SAU, (“Arcano Partners”) have completed their second transaction with the purchase of 2x Airbus narrowbody aircraft on lease to the European TIER 1 airline, Wizz Air
• Both assets will be on long term lease with the airline
• The assets are part of the world’s best-selling family of aircraft, with thousands of units delivered to dozens of airlines worldwide

Madrid, 11th of December 2024.- Arcano Partners, the leading independent firm in investment banking and alternative asset management in Spain, has announced the closing of the second transaction of the vehicles Arcano Aviation Fund, FCR, and Arcano Capital Aviation SCR with the acquisition of 2x Airbus narrowbody aircraft with an existing lease attached, on lease to Wizz Air, a leading European airline in short-haul traffic in Central and Eastern Europe. Arena Aviation Capital (Ireland) Limited will act as Lease Servicer and the financing has been provided by Airbus Bank. KPMG acted as legal and tax advisor and Walkers as Irish legal advisor.

This specific aircraft type has traditionally been one of the most demanded and sold aircraft since the delivery of the first unit in 1993. To date, more than 2,700x aircraft of the same type have been delivered and there are orders for more than 5,000 units. 

“These assets have enormous reliability and are a perfect complement to our first transaction, 1x Boeing 777-300ER with Air Canada,” commented Jon Garaiyurrebaso, Managing Partner of Arcano Asset & Capital Finance (the area of Arcano Partners specialized in financing real and intangible assets, which has acted as advisor)

Javier Hidalgo, Director at Arcano Partners, stated, “We will continue investing in assets in the coming months with the aim of building a diversified portfolio for our investors that generates stable and predictable cash flows in the coming years.”

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