Macquarie AirFinance
2006 | Macquarie AirFinance is established following the acquisition of 87 aircraft from GATX, with Macquarie Group taking a 35% interest in the newly formed business. |
2007 - 2010 | Over this period, Macquarie AirFinance develops into a full service operating lease platform with offices in Dublin, San Francisco, London and Singapore. |
2010 - 2011 | Macquarie AirFinance acquires 51 aircraft from ILFC. Macquarie increases its stake in Macquarie AirFinance to 100%. |
2014 | Macquarie AirFinance places an order for CSeries aircraft from Bombardier (now known as the Airbus A220). |
2016 | Macquarie AirFinance acquires an 84 aircraft portfolio from AWAS, financed by a $US3 billion debt acquisition facility. |
2016 | Macquarie AirFinance raises $US1.8 billion portfolio term funding. |
2018 | Macquarie AirFinance places an order for A320neo aircraft from Airbus. |
2018 | Macquarie AirFinance successfully closes a $US3 billion upsized term loan facility and a new $US1 billion senior unsecured facility. |
2019 | In May, PGGM Infrastructure Fund commits to a 25% interest in Macquarie AirFinance. This is followed in December by a commitment from Australian Retirement Trust to take a 25% interest, with Macquarie retaining the remaining 50%. Both transactions complete successfully following receipt of required regulatory approvals. |
2022 | In December, Macquarie AirFinance entered into an agreement with ALAFCO to acquire a portfolio of 52 aircraft together with an orderbook of 20x Boeing 737MAX aircraft. |
2023 | Macquarie AirFinance raises $US1bn across two senior unsecured issuances in April and September to establish as an issuer of USD unsecured senior notes. |
2024 | In January, Macquarie AirFinance agreed with ALAFCO to upsize the original transaction from 52 aircraft to a total of 75 aircraft. In July, Macquarie AirFinance places an order for an additional 20 737 MAX aircraft from Boeing. Macquarie AirFinance receives Investment Grade Ratings from Moody’s (Baa3) and S&P (BBB-). |
Macquarie AirFinance is owned by Macquarie Group (50%), PGGM Infrastructure Fund (25%) and Australian Retirement Trust (25%). PGGM and Australian Retirement Trust joined Macquarie as shareholders in 2019 to support the company’s strategy of continued investment and growth in the aircraft operating lease sector.
Macquarie Group Limited (Macquarie) is a global financial services group providing clients with asset management, retail and business banking, wealth management, leasing and asset financing, market access, commodity trading, renewables development, specialist advice and access to capital and principal investment. Founded in 1969, Macquarie employs over 20,600 people in 34 markets. At 31 March 2024, Macquarie had assets under management of $A938.3 billion.
PGGM is a cooperative Dutch pension fund service provider. Institutional clients are offered: asset management, pension fund management, policy advice and management support. As of 30 June, 2024 PGGM had €243 billion in assets under management and was administrating pensions for 5.6 million participants. Around 765,000 workers in the Dutch healthcare are connected to PGGM&CO, our members organization. Either alone or together with strategic partners, PGGM develops future solutions by linking together pension, care, housing and work.
Australian Retirement Trust is the superannuation fund formed through the merger of Sunsuper and QSuper. As one of Australia’s largest super funds, it is proud to take care of over A$300 billion in retirement savings for more than 2.4 million members. Australian Retirement Trust works for members, not shareholders, and is committed to returning profits to them as lower fees and better services.
Macquarie Aircraft Leasing Services (Ireland) Limited
5th Floor, Connaught House
1 Burlington Road
Dublin 4
Ireland
Macquarie Aircraft Leasing Services (UK) Limited
288 Bishopsgate
London
EC2M 4QP
United Kingdom
Macquarie Aircraft Leasing Services (US), Inc.
150 California Street, Suite 300
San Francisco
California 94111, USA
Macquarie Aircraft Leasing Services (Singapore) Pte. Ltd.
9 Straits View, #21-07
Marina One West Tower
Singapore 018937
Registered in Ireland with company number 429566 at 1st Floor, Connaught House, 1 Burlington Road, Dublin 4, Ireland
Registered in England and Wales with company number 5988531 at 2 Leman Street, London, E1W 9US, United Kingdom
Incorporated in Delaware, U.S.A. at 251 Little Falls Drive, Wilmington, New Castle County DE 19808, United States
Registered in Singapore with company number 200917376C at 30 Cecil Street, #19-08, Prudential Tower, 049712, Singapore