David Dundas
Editor Daily News
Posted:
24-05-2024
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Crestone Air Partners, an aviation asset management platform, has acquired two A320ceo aircraft in partnership with Atalaya Capital Management. This move highlights Crestone's dedication to expanding its narrow-body portfolio with top-tier aircraft leased to reliable operators.
The two planes are currently leased to SmartLynx Airlines, a prominent European ACMI, cargo and charter service provider. With a fleet of 65 aircraft, including A320 and B737NG models, SmartLynx operates across Europe, the U.S.A., Asia and Africa.
Crestone Air Partners, based in Denver, Colorado, manages a diverse portfolio of aircraft and engines leased to airlines worldwide, focusing on transactions in the final decade of an asset's lifecycle. Crestone operates under Air T, Inc. holding company.
Atalaya Capital Management, a privately held alternative investment advisory firm, concentrates on private credit and special opportunities investments across financial assets, real estate, and corporate sectors. Established in 2006 and headquartered in New York City, Atalaya manages approximately US$10 billion in assets and has invested over US$17 billion since inception.