Le Lézard
Classified in: Transportation
Subject: Sales

Altavair Closes Sale and Leaseback of Four Airbus A220-300 Aircraft With airBaltic

Altavair L.P. ("Altavair"), a global leader in commercial aviation finance, announced today the closing of a sale and leaseback with airBaltic of four Airbus A220-300 aircraft. The acquisition was funded by funds and accounts managed by KKR, with Altavair acting as servicer on the assets.

"We are pleased to support airBaltic with this transaction," said Matt Hoesley, Head of Acquisitions & Investments for Altavair. "We are very excited about our new relationship with Latvia's flagship airline and look forward to working with them as they continue to play an important role in European aviation."

These aircraft are the first Airbus A220 models to be managed by Altavair, which has serviced and leased over thirty variants of primarily Boeing and Airbus aircraft since its inception.

About Altavair L.P.

Altavair L.P. is an asset manager focusing on the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators. Since its inception in 2003, Altavair has completed over $9 billion in commercial aircraft lease transactions with over 60 airline customers in 28 countries representing over 200 individual Boeing and Airbus aircraft. Altavair maintains offices in Seattle, London, Dublin, and Singapore. For more information, please visit www.altavair.com.

These press releases may also interest you

at 05:15
A new report from Guidehouse Insights analyses opportunity for green hydrogen project financing in Europe and the US. Attracting...

at 05:00
Cruise Critic®, the world's leading cruise reviews site and online cruise community, today announced the winners of its 11th annual Cruise Critic Cruisers' Choice Awards ? naming the world's most popular cruises, based on consumer reviews and ratings...

at 04:00
Siemens Digital Industries Software and Daimler Truck AG today announced a new collaboration to implement a state-of-the-art digital engineering platform built using the Siemens...

at 03:00
Gogoro Inc. , a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced a...

at 03:00
The deal will allow Oxbotica to bring its vision for autonomous driving to life, by helping it deploy and scale its operating system in the cloud for autonomous vehicles worldwide Using Google Cloud, Oxbotica will accelerate its ability to analyse...

at 02:47
The shareholders of Concordia Maritime AB (publ), 556068-5819, are hereby invited to the Annual General Meeting to be held on Thursday, 4 May 2023 at 1.00 p.m. CEST at Elite Park Avenue Hotel, Gothenburg. Registration for the Annual General Meeting...

News published on 31 may 2022 at 03:05 and distributed by: