MAY 31ST, 2012

Vx Capital Partners has agreed to purchase seven MD-82 aircraft from Alitalia Airlines.

Vx Capital Partners in partnership with Aircraft and Engine Parts (A&E) has agreed to purchase seven MD-82 aircraft from Alitalia Airlines. The aircraft are scheduled for delivery starting in July and ending in October. The focus of this transaction is the associated JT8D-219 engines. This is the first of two fleet purchases where ANE and Vx have partnered. ANE is responsible for the tear down of engines and the sale of the associated parts while Vx is responsible for the deal’s financing and the remarketing of whole engines. Robert Brown, Partner at Vx said, “We are happy to be in partnership with ANE for this and several other portfolio transactions. They bring the knowledge of the parts market which is essential for successful outcomes”.