General Atomics

AerFin and Turning Rock partner on acquisition of three A320neo

Aviation asset specialist, AerFin, has partnered with private investment firm Turning Rock Partners to secure new asset-backed financing for the acquisition of three Airbus A320neo.

Above: Simon Goodson, CEO of AerFin.
Courtesy AerFin 

“We’re excited to partner with AerFin on this transaction, which demonstrates Turning Rock’s ability to originate and structure differentiated investments backed by tangible assets,” said Turning Rock Partners’ Head of Credit Sha Khoja. “This investment underscores TRP’s continued focus on sourcing opportunities in asset-heavy sectors where capital inefficiencies and market dislocation create compelling entry points.”

Under the terms of the transaction, the assets will be integrated into a structured revenue pooling arrangement, under which AerFin will manage the teardown, maintenance and parts distribution processes. 

With logistics hubs and facilities strategically located in Miami, London, Newport and Singapore, AerFin has built long standing relationships with major global airlines and MROs, and has been proven to deliver exceptional part-out value and ensure high utilisation of harvested material, providing diversified exposure and steady cash distributions over the investment period. 

Simon Goodson, CEO of AerFin said: “This partnership reflects the confidence investors have in AerFin’s ability to maximise value from next-generation assets like the A320neo.

“Our technical expertise and proven track record in strategic asset monetisation enable us to deliver efficient, sustainable solutions that unlock value and create long-term benefits for our partners.”

For AerFin, this partnership further strengthens its leadership in the A320neo aftermarket and demonstrates the company’s ability to support investors with flexible, high-value asset strategies.

ORIX Aviation served as transaction advisor and provided technical inspection services to Turning Rock. Holland & Knight served as legal counsel and Deloitte served as accounting and tax advisor. TRP Senior Advisor Michael Platt reviewed the financing.
 

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