Vx Completes Purchase and Leaseback of Ten Boeing 757-200 Aircraft with United Airlines

Vx Capital Partners announced today that it completed the purchase and leaseback of ten Boeing 757-200 aircraft between August and December. The aircraft are leased to United Airlines for periods ranging from 4 to 8 years. The transaction was completed in two tranches and involved multiple debt and equity participants.

“We are extremely pleased to complete the transaction with United Airlines.”, said Will Hudson, Partner of Vx, “Vx has a long relationship working with United and we look forward to future opportunities with the carrier. We are also pleased to continue our investment in the 757-200 aircraft which we believe to be a strong aviation asset.”

“These transactions allowed us to engage with existing as well as new financial partners.”, said Bob Brown, Partner of Vx, “We plan to continue building these relationships.”