Elix Aviation Capital Limited was established in September 2013 by a team with deep regional aviation expertise to target the investment opportunities offered by the regional aircraft market, after securing its initial USD 300M equity commitment from Oaktree Capital Management, which is Elix’s majority shareholder.
Elix launched the industry’s first all-turboprop Warehouse Debt Facility with USD 316M of commitments from Deutsche Bank, DVB Bank, Investec and EverBank. Elix's turboprop fleet has already reached 38 aircraft.
Elix's rapid portfolio growth continued, reaching 57 aircraft before the end of the year. In October 2015, the platform finalised its second warehouse facility for a revolving commitment of USD 350M.
Elix’s portfolio increased to 76 aircraft including newly delivered ATR 72-600 and Q400 from both major turboprop OEM.
Elix reached another key milestone by closing the first ever all-turboprop ABS (Asset Backed Securitization) transaction. Prop 2017-1 Limited raised USD 411M in loans through a diverse portfolio of 63 ATR and Bombardier assets on lease to 17 different lessees in 12 different countries.