We are active in all three acquisition channels – new aircraft orders directly with Airbus and Boeing, sale and leaseback transactions with airlines, and portfolio acquisitions from other lessors.
The current portfolio is on lease to 13 airlines in 11 countries. Our customers are mainly flag carriers and other strongly positioned airlines, which typically deploy our aircraft on key international routes. Intrepid has grown rapidly over the past four years and our focus has been on markets with the greatest growth in demand for air travel, especially in the Asia Pacific region.
As we continue to grow and diversify, we anticipate our customer base will expand across the Americas and the Middle East as well. Our heritage is based on primarily acquiring wide-body aircraft, but over time we intend to broaden our fleet by adding more narrow-body aircraft to diversify our customer and asset base, as well as our global footprint. We designed our business model from a strong capital base provided by our shareholders, two large New York based private equity firms.
Our aim is to generate stable and highly visible revenues, earnings and cash flows. Our team of professionals serves customers worldwide from our offices in Stamford and Dublin.