News & Insights
Crestone Air Partners Appoints Oliver Smith as Director of Asset Management DENVER, March 14, 2023 -- Crestone Air Partners is excited to announce the appointment of Oliver Smith as its new Director of Asset Management. With over 20 years of experience in the...
Ashland Place Finance LLC (“Ashland Place”), a commercial aviation financing platform, and Crestone Air Partners, Inc. (“Crestone”), a full-service aviation asset management platform, today announced the closing of an engine facility financing four CFM56 engines on lease to Cebu Air, Inc. (Philippines) and TUI Airways Limited (UK).
Air T Inc Announces Formation Of Crestone Air Partners – Independent Yet Interrelated Division Focusing on Leasing and Managing Commercial Aviation Assets
AIR T, INC (NASDAQ:AIRT) today announced the formation of Crestone Air Partners, Inc. (“Crestone”), a wholly owned subsidiary focused on trading, leasing, and managing commercial aviation assets. Crestone’s leadership has over 100 years of combined aviation industry experience. Crestone will service our previously announced aircraft asset management joint venture (the “2021 JV”), and work closely with our capital partners to invest in aviation assets through the 2021 JV. As of June 30, 2022, the 2021 JV has deployed nearly $100 million of equity with the possibility of an additional $300 million if all upsize options are executed.
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