Phoenix Aviation Capital (“Phoenix” or “the Company”), a full-service aircraft lessor managed by AIP Capital (“AIP”), an alternative investment manager focused on opportunities in asset-based finance and a portfolio company of funds advised or controlled by affiliates of BC Partners Advisors L.P., announced the execution of long-term lease agreements for two Boeing 737 MAX 8 aircraft with 9 Air Co., Ltd. (“9 Air”). 9 Air is a leading low-cost carrier controlled by Juneyao Airlines Co., Ltd. The first aircraft was successfully delivered to 9 Air on April 28, 2026, with the second scheduled for delivery later this year.

This transaction highlights Phoenix and AIP Capital’s commitment to providing flexible, high-impact financing solutions for global airline partners. The deal was facilitated by AIP Capital Asia, a joint venture focused on strategic investments and aircraft placement in the region.

The addition of these fuel-efficient, next-generation Boeing 737 MAX 8s supports 9 Air’s strategic objective to modernize its fleet while maintaining its signature low-cost business model.

“We are honored to partner with 9 Air on this transaction,” said Yiping Ke, Managing Director, China at AIP Capital. “We look forward to deepening our relationship and supporting 9 Air’s continued growth and fleet management strategies.”