Zephyrus Aviation Capital Acquires Airbus A330-300 on Lease to Thai AirAsia X

DUBLIN, IRELAND, June 4, 2019 -- Zephyrus Aviation Capital ("Zephyrus"), announced that it has acquired an Airbus A330-300 aircraft on lease to Thai AirAsia X, a new customer for Zephyrus. The aircraft is equipped with Rolls-Royce Trent 700 engines, and the A330-300 is a new model addition to the Zephyrus fleet.

This transaction is the first aircraft acquisition for Zephyrus outside of the 21 aircraft ZCAP 2018-1 ABS facility that closed in October 2018, and which has completed a steady stream of novations since.

"We are thrilled to welcome Thai AirAsia X to the Zephyrus family of airline customers," said Damon J. D'Agostino, President and CEO of Zephyrus, "and we look forward to continuing to grow and strengthen our relationship with Thailand's leading long-haul, low-cost carrier. I'm pleased to see our team continue to execute on the growth of our portfolio with great airlines like those in the AirAsia family."

About Zephyrus Aviation Capital

Zephyrus is an aircraft and engine leasing & trading company led by a team of industry veterans and focused on aircraft which are in the mid to mature stage of their lifecycle. Utilizing unparalleled industry relationships, leveraging a proven industry track record of transactional success, and employing innovative strategies, Zephyrus is a fleet management solutions provider with a customer-centric approach that creates value for all stakeholders. Zephyrus' in-depth knowledge of aviation assets, coupled with industry leading partnerships, allows for innovative solutions across the aviation industry. For more information please visit www.zacap.aero or email contact@zacap.aero.

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