BeauTech Power Systems has completed the acquisition of four E175 aircraft managed by Altavair. All four aircraft remain on lease with LOT Polish Airlines.
“While our roots are in mid to end-of-life asset management (in particular, engines), the acquisition of leased aircraft demonstrates our ability to access high-quality assets through flexible structures involving in-service aircraft,” BeauTech SVP — head of global acquisitions Stefanie Jung.
As part of the transaction, BeauTech has assumed all existing lease and servicing responsibilities under the current agreements with LOT.