Avora Aviation Completes First Debt-Financed Acquisition with Airbus A320
Avora Aviation Completes First Debt-Financed Acquisition with Airbus A320 MSN 5228
Dubai, UAE – 23 December 2025 – Avora Aviation FZCO (“Avora”) is pleased to announce the successful acquisition of a 2012-vintage Airbus A320, MSN 5228, with acquisition financing provided by PK AirFinance. The aircraft was acquired from an entity serviced by Merx Aviation and will continue its existing operating lease with Bulgarian ACMI provider Fly2Sky Airlines, ensuring uninterrupted operations and long-term fleet stability.
The transaction represents a key milestone for Avora, marking the company’s first debt-financed aircraft acquisition and further supporting the development of its aircraft leasing platform and capital structure.
“We are very pleased to complete this acquisition and to further strengthen our partnerships with PK AirFinance and Merx Aviation, both of whom were a pleasure to work with throughout the process,” said Alim Lakhiyalov, CEO of Avora. “This transaction represents an important step in Avora’s growth, supporting our strategy of building a resilient portfolio of high-quality, in-service assets backed by strong leases.”
“Merx was delighted to partner with our Apollo aviation platform partner, PK AirFinance, to support Avora’s ambitious plans,” said Niall Hayden, Senior Vice President at Merx. “The team at Avora was excellent to work with throughout both the initial lease and the subsequent sale of MSN 5228.”
Avora Aviation continues to selectively grow its portfolio through disciplined asset selection and long-term partnerships with airline and financing counterparties.