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.