Elevate Capital Partners Acquires Three E195 Leases
On September 6, 2019, Elevate Capital Partners LLC (“Elevate”) closed its fourth transaction, wherein it arranged for the acquisition by a large financial institution of three (3) Embraer E195 aircraft (MSN 19000475, 19000660, and 19000662) on lease to Azul Linhas Aéreas Brasileiras S.A. Elevate will serve as asset and lease manager for the duration of the leases with Azul and beyond. Azul is the third largest airline in Brazil and serves more cities in that country than any other airline. Elevate is a leasing and investment firm based in the San Francisco Bay Area, exclusively focused on mid-life commercial aircraft.