KKR has committed a further US$1.4 billion in equity to expand its global commercial aircraft leasing portfolio with Altavair, building on two existing partnerships. The investment will be funded primarily through KKR’s infrastructure and asset-based finance strategies.
Since forming their strategic partnership in 2018, KKR-managed funds have committed more than US$8 billion to aircraft leasing and lending transactions. Together, KKR and Altavair have acquired 188 aircraft and engine assets and leased them to 67 passenger and cargo operators worldwide.
The latest commitment reflects confidence in the long-term growth of aircraft leasing, driven by rising air travel demand and airlines’ need for greater liquidity and fleet flexibility. It also strengthens Altavair’s ability to support airlines facing significant fleet financing requirements in the years ahead.
KKR has invested more than US$12 billion in the aviation sector since 2015, with holdings including Altavair, AV AirFinance, Atlantic Aviation, KKR DVB Aviation Capital and K2 Aviation.
