DUBLIN, Ireland – 14 May 2025 – EirTrade Aviation has announced its appointment as servicer for four Airbus A330-300 aircraft acquired by Scissortail Aviation International Leasing I Limited (SAIL I Ltd.), a platform managed by its parent company, Acorn Capital Management. The announcement marks a significant milestone in EirTrade’s continued expansion into full-lifecycle aircraft asset management.
The aircraft, currently on lease with a major international carrier, will be overseen by EirTrade through the duration of the lease and into their end-of-life phase. The scope of management includes greentime engine leasing and disassembly services—core strengths of EirTrade’s integrated asset management model. The collaboration reinforces the company’s reputation as a trusted partner for managing complex, high-value aviation assets.
Ken Fitzgibbon, CEO of EirTrade Aviation, commented, “This is a huge milestone for EirTrade as we continue to grow our asset management capabilities and demonstrate the strength of our partnership with Acorn Capital Management. The acquisition signals confidence in the platform we’ve built and the expertise we bring to managing these assets.”
Echoing this sentiment, Lee Carey, Chief Investment Officer at EirTrade Aviation, added, “Following on from the existing lease terms, the engines and airframes will provide us with a strong pipeline of high-demand material and greentime engines to support our A330 customers. This transaction highlights the value of our collaboration with Acorn and positions us to deliver even greater returns across the A330 platform.”
Justin Chung, Head of Alternative Credit Strategies at Acorn Capital Management, remarked, “This partnership with EirTrade is a critical step in our long-term aviation strategy. Their proven capability in managing the A330 platform supports our objective to capitalise on emerging opportunities and deliver consistent value to our stakeholders.”
EirTrade’s expertise spans the entire lifecycle of aviation assets—from in-service support to end-of-life solutions—ensuring every aircraft is managed to maximise its economic potential. This agreement further solidifies the company’s position as a leader in asset management for lessors, operators, and institutional investors globally.
About EirTrade Aviation
Headquartered in Dublin, with facilities and representation in Europe, the US, and Asia, EirTrade Aviation provides end-to-end asset management services including engine and aircraft parts trading, aircraft storage and disassembly, consignment programmes, and technical storage. EirTrade is an Acorn Company.
About Acorn Capital Management
Acorn Capital Management is an alternative investment firm focused exclusively on Aerospace, Defense, Space, and Intelligence sectors. Through platforms such as Scissortail Aviation and AltAero Aviation Finance, Acorn engages in private equity, asset-based lending, and leasing strategies across the aviation value chain.
SOURCE AND IMAGE: EIRTRADE AVIATION
