(Beijing – January 11, 2022) AerDragon Aviation Partners Limited (“AerDragon”) entered into a facility agreement with PK AirFinance to finance two Airbus A320-200 aircraft on lease to Sichuan Airlines and has drawn in full the senior secured loan.
This is the first financing transaction between AerDragon and PK AirFinance, the aircraft and engine lending business of Apollo Global Management.
About AerDragon Aviation Leasing Company Limited
AerDragon was established in October 2006 as the first aircraft operating lessor based in China. With a current customer base covering China, South Asia, Europe and South America, AerDragon offers a arrange of services including aircraft leasing, trading and asset management.
About PK AirFinance
PK AirFinance is a premier aircraft lending business that serves airlines, aircraft traders, lessors, investors and financial institutions globally with loans to borrowers in more than 40 countries. Its comprehensive origination, underwriting, and structuring capabilities are delivered by a team of experienced professionals, whose extensive experience in varied products and geographies was built over several decades and industry cycles.
Since December 2019, the PK AirFinance aircraft lending platform has been owned by Apollo Global Management, a high-growth alternative asset manager with approximately $481 billion of assets under management as of September 30, 2021.
AerDragon Media Contact:
Mr. Zhou Ningning
Tel +86 10 64107210