# AAR and Napier Park form joint venture for late-life aircraft

AAR partnered with Napier Park Global Capital to create a joint venture focusing on acquiring late life commercial aircraft, with AAR as the sole servicer and asset manager.

- Type: Partnership
- Announced: 2018-12-05
- Where: United States
- Status: announced
- Products: commercial aircraft
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [AAR](https://endata.com/companies/939.md) (partner)
- [Napier Park Global Capital](https://endata.com/companies/35924.md) (partner)

## Sources

- [aarcorp.com](https://www.aarcorp.com/en/newsroom/press-releases/2018/aar-announces-partnership-with-napier-park-global-capital/), 2018-12-05: "We appreciate the opportunity to lend our extensive expertise in the aviation aftermarket to provide significant competitive benefits to the new venture."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.