GFH details $60M commitment to aircraft engine partnership

The investment platform will target new- and current-generation commercial aircraft engines through multiple acquisition and leasing structures.

GFH Bank disclosed further details of its partnership with Bridgepoint and AIP Capital to acquire commercial aircraft engines, stating that it has committed $60 million (approximately AED 220 million) to the venture.

In a statement, the bank said the partnership aims to build a diversified commercial aircraft engine portfolio worth more than $1 billion, with GFH participating as an anchor investor and strategic partner, alongside a substantial investment commitment from Bridgepoint-affiliated funds.

The bank added that the new platform will invest in new- and current-generation aircraft engines and lease them to airlines, maintenance, repair and overhaul (MRO) providers, and other operators.

The platform will deploy capital through direct purchases from manufacturers, sale-and-leaseback transactions with airlines, secondary-market acquisitions, and finance leases, the bank said.

GFH noted that the partnership marks the second phase of an existing collaboration between Bridgepoint and AIP Capital, which began in 2024 with the acquisition of an initial portfolio of LEAP-1B engines, followed by the announcement in July 2026 of the purchase of 11 additional engines of the same model from CFM International.

The bank said its entry into the aviation sector aligns with its strategy to expand asset-backed investments and diversify its investment portfolio.

GFH expects the partnership to have a positive impact on its financial statements and contribute to higher returns.

The bank had announced last Tuesday its collaboration with Bridgepoint and AIP Capital to establish a commercial aircraft engine portfolio worth more than $1 billion.