CARLYLE AVIATION PDP MANAGEMENT LLC

Thesis

Carlyle Aviation PDP Management LLC (CAPDP) is a specialized investment firm, a subsidiary of Carlyle Aviation Partners Ltd., focused on financing aircraft pre-delivery payment (PDP) obligations. Their primary strategy involves providing loan transactions to airlines to finance PDPs for aircraft manufacturers, thereby supporting airline aircraft acquisition. The parent entity, Carlyle Aviation Partners, also engages in acquiring, leasing, and trading commercial aircraft, engines, and related components, offering flexible financing solutions like sale-leasebacks and mid-life aircraft leasing. The firm operates globally, serving airline customers in 54 countries. Carlyle Aviation Partners reported approximately $10.4 billion in regulatory AUM as of December 31, 2025, with $1.6 billion attributed to the PDP Fund. CAPDP's strategy appears lead-oriented, as seen in the $280 million PDP financing facility for Wizz Air. Their expertise covers new, mid-life, and end-of-life aircraft assets. The firm was founded in 2019, with its parent company established in 2002. Headquarters are in Miami, Florida.