Crestone & Atalaya Acquire and Lease Back Two Midlife Airbus A320 Aircraft 

Denver, COLORADO, May 8th, 2024 – Crestone Air Partners, Inc., a full-service aviation asset management platform, proudly announces the purchase of two A320ceo aircraft in partnership with Atalaya Capital Management. This transaction exhibits Crestone’s commitment to expand its current generation narrowbody portfolio by acquiring high-quality aircraft leased to dependable operators.

Both aircraft are on lease to European ACMI, cargo, and charter service operator SmartLynx Airlines. SmartLynx is a leading ACMI provider offering solutions to airlines across Europe, the USA, Asia, and Africa with a fleet of 65 aircraft, including A320 and B737NG types.

“We are delighted to extend a warm welcome to SmartLynx as they join the Crestone portfolio. With Crestone’s specialized capabilities tailored to support SmartLynx’s operations, we eagerly anticipate expanding and strengthening our partnership,” stated Sebastian Lourier, Chief Executive Officer.

About Crestone Air Partners, Inc.

Crestone Air Partners is a full-service aviation asset management platform with a diverse portfolio of aircraft and engines leased to airlines globally. Crestone targets transactions in the last decade of the asset lifecycle. Crestone is headquartered in Denver, Colorado, and is a business unit of Air T, Inc. holding company (NASDAQ: AIRT). For more information, visit www.crestoneairpartners.com.

About Atalaya Capital Management

Atalaya Capital Management is a privately held, SEC-registered, alternative investment advisory firm. Atalaya primarily focuses on making private credit and special opportunities investments in three principal asset classes – financial assets, real estate, and corporate. Founded in 2006, Atalaya is headquartered in New York City, has approximately $10 billion in assets under management and has invested approximately $17+ billion since inception.

Media Contact

Tori Cerda

Corporate Administrator

t.cerda@crestoneairpartners.com