Abelo, the specialist turboprop aircraft lessor, has announced the successful closing of a new warehouse financing facility of up to US$750 million. This significant funding milestone marks a major step forward in the company’s expansion plans, providing a solid foundation for its next phase of growth within the regional aircraft leasing sector. The facility was […]
Abelo secures US$750 million warehouse facility Read More »
Abelo, the specialist turboprop aircraft lessor, has been acquired by an affiliate of Cerberus Capital Management, L.P. (Cerberus), marking a significant milestone in the company’s development. The acquisition sees Abelo transition from its previous ownership under funds managed by Oaktree Capital Management, L.P. (Oaktree), which had backed the firm since its inception in 2022. In
Cerberus acquires aircraft lessor Abelo Read More »
ATR and turboprop lessor Abelo have strengthened their collaboration through significant fleet updates. Abelo has revised its original order for ten ATR 42 STOL (short take-off and landing) aircraft, converting it into a mix of five ATR 42-600 and five ATR 72-600 models. Furthermore, the company has expanded its fleet by confirming orders for three
Abelo expands ATR fleet with new orders and strategic upgrades Read More »
Abelo, a specialist turboprop aircraft lessor, has successfully closed a US$190 million financing facility for a portfolio of 20 turboprop aircraft. The deal was underwritten by MUFG EMEA, Deutsche Bank AG (New York branch), and Société Générale. Both MUFG EMEA and Deutsche Bank acted as co-structuring agents, while all three banks participated as senior lenders,
Abelo secures US$190 million financing for 20 turboprop aircraft Read More »
Abelo, a lessor specialising in the turboprop segment, has reported the successful delivery of MSN875, a newly converted ATR 72 freighter, to Renegade Air. This milestone marks the introduction of ATR aircraft into the Kenyan aviation sector at Wilson Airport. Previously used for passenger services, the ATR 72 has been converted to meet the growing
Abelo delivers first ATR 72 cargo conversion to Renegade Air in Kenya Read More »
Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo. Stephen Gorman, CEO of Abelo, stated “We are thrilled to welcome IndiGo as a new
Abelo welcomes IndiGo as a new partner Read More »
Abelo, the Irish-based regional aircraft leasing platform specialising in turboprop aircraft, has completed the lease agreements for two new ATR72-600 aircraft with SKY express. The first aircraft was delivered on January 15, 2024, while the second one is anticipated for delivery by March 2024 and marks the initial pair from Abelo’s substantial ATR orderbook of
Abelo and SKY express’ collaboration continues with two new ATR 72-600s Read More »
