FTAI Aviation (FTAI) said Tuesday it has partnered with One Investment Management to launch its Strategic Capital Initiative, focusing on leasing narrowbody aircraft.
The partnership plans to invest more than $4 billion in 737NG and A320ceo planes, with funding from equity contributions and $2.5 billion in debt financing provided by ATLAS SP Partners and Deutsche Bank.
FTAI said its Maintenance, Repair, and Exchange business will handle engine upkeep through module and engine swaps.
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