PHOENIX AVIATION CAPITAL and AIP CAPITAL

Stephen Costley June 10, 2025

PHOENIX AVIATION CAPITAL and AIP CAPITAL closed $300m senior secured credit facility with Royal Bank of Canada, Citibank and Morgan Stanley to refinance seven assets currently owned by Phoenix and provide funding for acquisitions.

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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