Aircraft Leasing Co. Hits Ch. 11 With Billions In Debt, Sale Plan

By Rick Archer · July 27, 2023, 8:14 PM EDT

Aviation investment firm and aircraft leasing company Voyager Aviation Holdings LLC on Thursday filed for Chapter 11 protection in a New York bankruptcy court with between $1 billion and $10 billion...

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Bankruptcy Scorecard

Summary

Commercial aircraft leaser Voyager Aviation Holdings LLC filed for bankrutpcy, listing between $1 billion and $10 billion in debt, including $412 million in outstanding first-lien notes and $554.2 million owed on the loans it used to buy its fleet. The Ireland-based company with offices in Connecticut said it had a $801 million stalking-horse bid lined up for an asset auction from an affiliate of Florida-based aircraft lessor Azorra Aviation Holdings LLC.

Case Number

1:23-bk-11177

Judge

John P. Mastando III

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

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