Phoenix Aviation Capital, a full-service aircraft lessor managed by AIP Capital, an alternative investment manager focused on opportunities in asset-based finance and a portfolio company of funds advised or controlled by affiliates of BC Partners Advisors, executed long-term lease agreements for two Boeing 737 MAX 8 aircraft with 9 Air, a low-cost carrier controlled by Juneyao Airlines. The first aircraft was successfully delivered to 9 Air on April 28, 2026, with the second scheduled for delivery later this year.
The deal was facilitated by AIP Capital Asia, a joint venture focused on strategic investments and aircraft placement in the region.
The addition of these fuel-efficient, next-generation Boeing 737 MAX 8s supports 9 Air’s strategic objective to modernize its fleet while maintaining its signature low-cost business model.
“We are honored to partner with 9 Air on this transaction,” Yiping Ke, managing director, China at AIP Capital, said. “We look forward to deepening our relationship and supporting 9 Air’s continued growth and fleet management strategies.”

