HALO AirFinance (HALO), the joint venture between GA Telesis and Tokyo Century Corporation, has successfully closed a senior loan to support the acquisition of a Boeing 737-800 by a special purpose entity managed on behalf of Crestone Air Partners (Crestone). The entity is primarily funded by Blue Owl Capital, and the aircraft is currently leased to a Canadian-based airline. This deal marks the first loan closing in a broader multi-aircraft and engine portfolio financing programme, signalling HALO's growing role in aviation finance.
The transaction highlights HALO's ability to deliver bespoke capital solutions that align with the strategic goals of leading aviation investors. According to Marc Cho, co-head and Managing Director at HALO, the financing demonstrates the company's capacity to support sophisticated investors like Crestone and Blue Owl as they expand their portfolio of high-quality leased aircraft assets.
Crestone's CEO, Kevin Milligan, noted that financing the aircraft under a structured portfolio with HALO delivered both cost and structural efficiencies. He praised HALO's flexibility and creative approach, which he considers essential traits in a financing partner navigating the complex landscape of aviation asset management.
The loan underscores HALO's strategic focus on the global mature aircraft market and its commitment to providing tailored financial solutions for airlines, lessors, and investment platforms. Backed by the broad technical and financial capabilities of GA Telesis and Tokyo Century, HALO continues to build its reputation as a versatile lender capable of supporting transactions across the spectrum of aircraft and engine types, from new to mid-life and mature assets.
