Thursday, September 19, 2024

Crestone Air Partners acquires A320-200, on lease with Air New Zealand

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Full-service aviation asset management platform, Crestone Air Partners, in partnership with Atalaya Capital Management, has acquired an A320-200 from Air Lease Corporation (ALC), on lease with Air New Zealand.

The addition to Crestone’s expanding fleet reinforces the lessor’s position in the narrowbody market. With both A319-100s and A320-200s in the portfolio, the lessor is well suited to manage the A320ceo family.

Steve Williamson, principal, head of trading of Crestone Air Partners, said, “We are thrilled to have concluded our first transaction with Air Lease Corp and look forward to doing more business with them in the future.

“ALC was a fair, efficient, and responsive counterparty that facilitated one of our smoothest transaction closings to date.

“We are excited to bring aboard Air New Zealand as a new lessee to the Crestone portfolio and look forward to supporting them now and in the future.”

READ MORE NEWS: Air New Zealand drops 2030 climate commitments

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