Rolls-Royce & Partners Finance Completes Multi-Engine Transaction with ITA Airways

Rolls-Royce & Partners Finance (RRPF) has completed a multi-engine financing transaction with ITA Airways, supporting the Italian carrier’s fleet expansion and modernization plans.

The agreement includes the sale and leaseback of one Trent 7000, one Pratt & Whitney PW1100G and one PW1500G engine, together with the long-term lease of five additional PW1100G engines. The transaction is designed to enhance fleet flexibility while supporting ITA Airways’ growing next-generation aircraft fleet.

Ileana Sannibale, VP Fleet at ITA Airways, said: “We are pleased to partner with RRPF on this transaction, which supports ITA Airways’ fleet development and operational flexibility. I would also like to acknowledge the valuable contribution of our Fleet and Technical Procurement team who led the deal and our Legal, Tax and Operations teams, whose expertise and collaboration were key to reaching this agreement.”

Jaime Nieto, Chief Commercial Officer at RRPF, said: “We are delighted to be supporting ITA’s ambitious growth and fleet modernisation strategy through this transaction.”

The agreement expands RRPF’s support for airline customers through financing and leasing solutions across multiple engine platforms.