The merger between Japan’s MCAP and Ireland’s Accipiter has resulted in the launch of AMCK Aviation today.

The merger between Japan’s MCAP and Ireland’s Accipiter has resulted in the launch of AMCK Aviation 30 October.

CK Asset Holdings has taken a 50% stake with Li Ka Shing (Overseas) Foundation taking 10% and Mitsubishi Corporation holding 40%, according to a statement.

With a value of $6 billion, AMCK Aviation has 145 aircraft with an average age of 5.8 years at 30 October. The lessor also has commitments for an additional 30 jets, including an order with Airbus for 20 A320neos that Accipiter placed in March.

“It is the culmination of many months of hard work from the AMCK team and enables us to provide a significantly streamlined and strengthened platform for our customers and suppliers,” says chief executive Paul Sheridan, formerly the chief executive of Accipiter.

FlightGlobal first broke the story that Mitsubishi was looking to sell the MCAP portfolio in August 2017.

The company’s headquarters is in Dublin, with regional offices in Tokyo and Irvine, California.