Castlelake completed the financing of a loan to Virgin Atlantic Airways, the company said on January 13, 2025. The loan is secured by approximately $400 million in assets, including one A350-1000 aircraft and nine Rolls Royce Trent engines.
“We are pleased to grow our partnership with Virgin Atlantic and provide financing options to support their continued momentum,” said Chris Buckley, partner and aviation chief commercial officer at Castlelake. “As the airline industry continues to see increased demand, Castlelake looks forward to remaining an active investor and providing attractive capital solutions to businesses across the sector.”