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Crestone Air Partners acquires A320-200 from ALC

Air New Zealand A320
Air New Zealand A320 ©AirTeamImages

Crestone Air Partners (CAP), a comprehensive aviation asset management platform, in partnership with Atalaya Capital Management, has announced the acquisition of an A320-200 aircraft from Air Lease Corporation (ALC), currently on lease with Air New Zealand.

This addition to Crestone’s expanding fleet further strengthens the lessor’s position in the narrow-body market. With both A319-100s and A320-200s in its portfolio, Crestone is well positioned to manage the A320ceo family effectively.

Steve Williamson, Principal and Head of Trading at Crestone Air Partners, stated, “We are thrilled to have concluded our first transaction with Air Lease Corporation 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.”

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