Intrepid Aviation (company)
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 | |
| Company type | Private |
|---|---|
| Industry | Aviation Leasing |
| Founded | 1994[1] |
| Founder | Ron Anderson[1] |
| Headquarters | Stamford, Connecticut, United States[2] |
Key people |
|
| Services | Commercial Aircraft Leasing |
| Website | Official website |
Intrepid Aviation is a commercial aircraft leasing company primarily focused on young, modern, fuel-efficient wide-body aircraft and larger narrowbody aircraft. It has offices based in Dublin, Ireland and Stamford, Connecticut, United States.[4]
Its current portfolio consists of aircraft such as the Airbus A330, Airbus A321, Boeing 777-300ER and Boeing 787 Dreamliner. Intrepid has purchase commitments from Boeing for six 777-300ER aircraft.[5] It is owned by Centerbridge Partners and Reservoir Capital Group.[6]
Intrepid Aviation was founded by[7] Ron Anderson, a 20-year employee of FedEx, in 1994 and was originally based in Memphis, Tennessee. The company started by buying used passenger aircraft and having them converted into cargo aircraft for leasing.[1] In 2007, Intrepid placed an order for 20 Airbus A330-200 freighter aircraft. During the 2008 financial crisis, Intrepid had to negotiate delaying deliveries by three years.[1]
The company subsequently reconstituted its management team and relocated its corporate headquarters to Stamford, CT. In 2014, the company filed for an IPO with a fundraising target of $150 million.[2][6] The company currently has equity commitments of up to $650 million from existing shareholders.,[8] and raised $215 and $120 million in bonds on 2014 and 2015, respectively. In August 2015, Olaf Sachau was appointed as its CEO and Doug Winter as its President.[1]
In 2023, Voyager Aviation Holdings, the rebranded name for Intrepid Aviation, filed for Chapter 11 bankruptcy protection with plans to sell its assets to Azorra Aviation Holdings for up to $743.5 million.[9]
