Ireland based Airborne Capital and Mercuria Investment Holdings have agreed a joint venture deal to operate a new entity in Japan, called Mercuria Airborne Capital.

Airborne is a specialist aircraft leasing and asset management business headquartered in Ireland and with offices in Shannon, Dublin, London, New York, Montreal, Hong Kong, Seoul and Tokyo.

Established in 2017, it manages about $1 billion of aircraft assets through active relationships with global set of investors, including Japanese investors.

The new joint venture deal will provide Airborne with increased access to Japanese aviation investors, and it will allow Mercuria to further expand its expertise in cross-border alternative investments, catering to Japanese investors seeking bespoke aviation investments.

Despite the challenges posed by the Covid-19 pandemic, aircraft investment continues to provide attractive investment and yield opportunities to investors worldwide.

Ramki Sundaram, CEO of Airborne Capital, said the company was delighted to partner with Mercuria and expand on its already successful operations in Japan.

"Mercuria Airborne Capital will offer institutional investors in Japan access to a growing range of attractive investment opportunities in the global aviation finance sector," he added..