Institutional investors advised by J.P. Morgan Global Alternatives' Global Transportation Group ("GTG") (www.jpmorgan.com/am), have acquired two A321-200 aircraft on lease to All Nippon Airways (ANA) from Tokyo Century Corporation. The aircraft will join a growing portfolio of commercial aircraft on lease to top-tier lessees managed by the JP Morgan Global Alternative's GTG. The GTG also oversees assets in the global shipping, container, electric vehicle and rail car sectors.

The aircraft will be managed by Avionix, the Dublin-based aircraft servicer and lessor portfolio company within the group.

Andy Dacy, Global Head of Transportation for J.P. Morgan Global Alternatives (pictured), said: "We are delighted to have the opportunity to work with ANA, one of the leading airlines in Japan and Asia. We also look forward to developing this trading relationship with Tokyo Century Corporation, a valued partner in the continued growth of our aviation strategy."

-ENDS-

Andy Dacy, Global Head of Transportation for J.P. Morgan Global Alternatives

Notes to Editors:

About J.P. Morgan Global Transportation Group

The J.P. Morgan Global Transportation Group has been investing in the transportation industry since 2010 and actively manages over $6bn in transportation assets in the maritime, energy logistic, intermodal, rail and aircraft segments. The team takes a long-term approach to investing, comprising both investments in assets, platform development and corporate acquisitions to build significant scale and market presence.

About Avionix Management Limited ("Avionix")

Avionix is a growing aircraft lessor and servicer overseen by the GTG and an integral part of the group. Avionix is responsible for aviation asset origination, asset finance, technical asset management, on-lease management, remarketing and trading."

For further information please contact:

Elaborate Communications:

Sean Moloney

+44 (0) 1296 682124

smoloney@elabor8.co.uk

.

(C) 2023 M2 COMMUNICATIONS, source M2 PressWIRE