Jet financier Amedeo in tie-up with Intrepid Aviation
Aircraft financier Amedeo said Monday it had agreed a partnership with the owners of Intrepid Aviation Holdings, in a deal bringing together two leasing firms that have bet their futures on the high-stakes market for wide-body jetliners. Under the deal, private equity firms Centerbridge Partners and Reservoir Capital agreed to acquire a minority of Amedeo Capital, while Amedeo will take a minority share in Intrepid and also take over its US aircraft management subsidiary. The deal keeps Intrepid's core shareholders on board and offers Amedeo a fleet of 30 planes, all but one of which are wide-bodies, more than doubling its managed fleet of 19 big jets and giving it access to a broader selection of types. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-07-03/general/jet-financier-amedeo-in-tie-up-with-intrepid-aviation
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Jet financier Amedeo in tie-up with Intrepid Aviation
Aircraft financier Amedeo said Monday it had agreed a partnership with the owners of Intrepid Aviation Holdings, in a deal bringing together two leasing firms that have bet their futures on the high-stakes market for wide-body jetliners. Under the deal, private equity firms Centerbridge Partners and Reservoir Capital agreed to acquire a minority of Amedeo Capital, while Amedeo will take a minority share in Intrepid and also take over its US aircraft management subsidiary. The deal keeps Intrepid's core shareholders on board and offers Amedeo a fleet of 30 planes, all but one of which are wide-bodies, more than doubling its managed fleet of 19 big jets and giving it access to a broader selection of types. <br/>