Airborne Capital, headquartered in Dublin, officially announced the launch of its new joint venture with Daiwa Securities Group. The new entity, Daiwa Airborne Co., marks Airborne Capital’s significant entry into the Japanese Operating Lease (JOL) market.

The joint venture, based in Tokyo, represents a 50:50 partnership between Airborne Capital and Daiwa Securities Group, one of Japan’s leading investment banks. Daiwa Airborne aims to offer innovative Japanese operating lease solutions and lease management services for a diverse clientele, including high-net-worth individuals and corporate clients.

Airborne Capital restructured its Japanese subsidiary, Airborne Capital Japan GK, into a corporation under Japanese law to facilitate the venture. The restructuring allowed Daiwa Securities Group to acquire shares through a third-party allotment, cementing their partnership.

This expansion underscores Airborne Capital’s commitment to the Japanese market and reinforces our position as a global leader in tax-based aircraft financing solutions.

Yoichi Hirotani, previously Japan Representative for Airborne Capital Japan GK, has been appointed president and CEO of Daiwa Airborne. “Daiwa Airborne is uniquely positioned to provide exceptional value to customers through its expertise in Japanese Operating Leases and a strong foundation of industry partnerships,” Hirotani said,

Daiwa Airborne officially began operations on Jan. 8, 2025 from its headquarters on the ninth floor of the Uchisaiwaicho Daibiru Building in Chiyoda-ku, Tokyo.

The joint venture consolidates all of Airborne’s tax-based financing solutions under the Daiwa Airborne brand. It aims to capitalize on growing demand for Japanese Operating Leases, which have become an attractive investment vehicle for clients seeking tax-efficient leasing solutions in the aviation sector.

The establishment of Daiwa Airborne is expected to drive growth in the aircraft leasing sector, leveraging the combined expertise of Daiwa Securities Group and Airborne Capital.