Intrepid Aviation has confirmed the acceptance of a new 777-300ER aircraft from the Boeing company and its delivery on long-term lease to Philippine Airlines (PAL), the company said.
Upon delivery, the aircraft was acquired from Intrepid by the Singapore-based lessor, Avation PLC.
Intrepid Aviation is a privately held commercial aircraft lessor. Intrepid and its team of experienced professionals invest in and manage a fleet of modern, in demand commercial jet aircraft on long-term lease to airline customers worldwide. Intrepid is headquartered in Stamford with offices in Dublin and Singapore. For more information on Intrepid Aviation, www.intrepidaviation.com.
Centerbridge Partners, LP is a private investment firm headquartered in New York City with approximately USD 25 billion in capital under management.
Reservoir Capital Group LLC. was established in 1998 as a privately held investment firm with a flexible, opportunistic investment approach and has approximately USD 5 billion in assets under management.