Phoenix Aviation Capital and AIP Capital Place Two Boeing 737 MAX 8 Aircraft on Lease with 9 Air

Phoenix Aviation Capital and AIP Capital have placed two Boeing 737 MAX 8 aircraft on lease with 9 Air, a Chinese cargo and passenger carrier.

The transaction was reported on May 5, 2026. Phoenix Aviation Capital, a Dublin-based full-service aircraft lessor managed by AIP Capital, an alternative investment manager focused on commercial aviation, continues to expand its portfolio of modern narrowbody jets.

This deal follows recent placements by the partners, including four Boeing 737 MAX 8 aircraft on long-term lease with LOT Polish Airlines announced in September 2024. Phoenix specializes in financing in-demand aircraft types for airlines worldwide.

9 Air, a subsidiary of Juneyao Airlines, operates a fleet primarily consisting of Boeing 737 freighters and passenger variants, serving domestic and regional routes from its base in Guangzhou.

Specific lease terms and delivery dates for the two aircraft were not disclosed in the announcement.