Crestone Air Partners acquires eleven Boeing 757-300 aircraft

Crestone Air Partners, an aviation asset management platform supported by Air T, has successfully acquired eleven Boeing 757-300 aircraft. This milestone transaction not only signifies substantial growth for Crestone but also underscores its capability to execute large-scale deals in niche aviation assets.

All 11 aircraft were procured under existing lease agreements with Condor Airlines, a German leisure airline established in 1955. Condor boasts a vast network spanning over 100 destinations across Europe, Africa and the Americas, serving more than ninemillion passengers annually. With a fleet comprising various aircraft types including A320-200s, A321-200s, A320neos, A321neos, A330neos and 757-300s, Condor stands as a key player in the aviation industry.