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Irish Aircraft Leasing Firm Aquila Air Capital Opens U.S. Office in Fort Worth

Irish Aircraft Leasing Firm Aquila Air Capital Opens U.S. Office in Fort Worth
Irish aircraft leasing and financing platform Aquila Air Capital has officially opened its new U.S. office in Fort Worth, Texas, reinforcing the city’s emerging status as a global hub for aviation and aerospace. The company’s decision to establish a presence in Fort Worth reflects the city’s growing importance within the industry. Al Wood, CEO of Aquila Air Capital, emphasized that Fort Worth’s expanding reputation as a leading centre for aviation and aerospace was the primary factor behind the choice of location.
Strategic Expansion into the U.S. Market
Aquila Air Capital, a prominent engine lessor supported by funds managed by New York-based alternative asset manager Wafra, announced the move during the Airline Economics Growth Frontiers Americas conference. The firm highlighted Fort Worth’s recent designation as the “Aviation and Defense Capital of Texas” as a significant influence on its decision to expand operations there. The new office, situated in The Crescent Offices within Fort Worth’s Cultural District, positions Aquila to deepen its engagement with a vibrant business ecosystem that includes major industry players such as Lockheed Martin, American Airlines, Southwest Airlines, Embraer, Gulfstream Aerospace, and MTU Aero Engines.
The company noted that Fort Worth’s evolution into a major business destination has catalyzed the growth of the region’s aviation cluster, thereby broadening Texas’ footprint in the global aerospace sector. Gary Lew, Aquila’s Chief Financial Officer, remarked that joining other leading aviation-focused enterprises in Fort Worth provides an ideal environment to accelerate the company’s platform expansion and continue delivering services to its global clientele.
Navigating Industry Challenges Amid Growth
Founded in 2021, Aquila Air Capital specializes in aviation asset financing alongside the purchase and leasing of aircraft and engines. Its entry into the competitive U.S. market comes at a time when established domestic and international leasing firms are actively vying for market share. Industry analysts point out that Aquila will face challenges related to regulatory compliance and ongoing supply-chain disruptions that continue to affect the global airline industry.
The firm’s expansion is expected to intensify competition within the sector, potentially prompting existing players to explore strategic partnerships or enhance their service offerings to maintain market positions. Despite these hurdles, Aquila remains optimistic about its prospects in North Texas, citing the region’s dense concentration of aviation investors, lessors, operators, and engineering and maintenance, repair, and overhaul (MRO) companies as a solid foundation for sustained growth.

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