HALO AirFinance - a joint venture between GA Telesis and Tokyo Century Corporation – has closed two senior loans for Crestone Air Partners and Blue Owl Capital investment vehicles.
The financing supported the acquisition of two mature A319-100s currently on lease with a US airline.
“HALO is committed to supporting the mature aircraft segment of the industry where we see continued resiliency and healthy demand,” said Marc Cho, co-head and managing director of HALO. “We greatly value the continued growth and partnership we have developed with Crestone Air Partners and are incredibly pleased to facilitate their successful acquisition strategies.”
HALO said this financing acts as a commitment to supporting the secondary market for leased commercial aircraft.