Airborne Capital has managed to secure a funding of $20m

Airborne Capital, an Irish firm specialised in aviation assets management, announced on Wednesday that it has generated $20 million (£15.41 million) to facilitate its expansion. This Dublin-based corporation offers guidance to airlines on strategy, finance, and equipment orders, as well as handling aircraft for investors via its American offshoot—Airborne Capital USA LLC.

Hari Raghavan, a partner at the firm, affirmed that the raised capital would stimulate further growth, aiding the amplification of Airborne’s business in asset management. Characterising the financial raise as a noteworthy turning point for the company, Mr Raghavan signified that it symbolised the trust investors place in Airborne Capital.

Airborne Capital administers aircraft assets for clients amounting to roughly $2 billion and operates branches in multiple global locations including Shannon, London, New York, Tokyo, and Hong Kong. The company’s management holds the majority stake, as per an official declaration.

Written by Ireland.la Staff

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