IAT Leasing completes first deal, acquires two 737-800 on lease to Air Europa

IAT Leasing has completed its first deal with the acquisition of two 2013 vintage 737-800 aircraft on behalf of funds managed by Taconic Capital Advisors, providing the equity from one of its private funds. The planes were previously owned by Chishima Real Estate and managed by Itochu Corporation. The aircraft have been sold to Air Europa on operating leases, with AV AirFinance providing financing for the transaction. “This acquisition marks an important milestone for IAT, as the platform’s inaugural transaction, as well as our first deal on behalf of our partners at Taconic Capital Advisors,” said IAT CEO Martin Browne.