Fitch Ratings Upgrades Phoenix Aviation Capital Rating to B+

News Source : PRNewswire

News Summary

Phoenix Aviation Capital's corporate rating has been revised by Fitch Ratings.
Fitch upgraded its rating of Phoenix's senior unsecured notes to 'B+' and Phoenix's secured Term Loan B to 'BB' with a recovery rating of 'RR2' Over the past two years, since its formation in April 2024, Phoenix has grown its fleet to 30 x aircraft with a net book value (NBV) of $1.6 billion.
Phoenix has also raised over $2.5 billion of debt capital across several loan facilities and capital markets issuances.

Phoenix Corporate Rating Upgraded to B+Senior Unsecured Rating Upgraded to B+and Secured Term Loan B Rating Upgraded to BBDUBLIN and STAMFORD, Conn., May 11, 2026 /PRNewswire/ Phoenix Avia [+3203 chars]

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