IAT Leasing (IAT) has acquired one 2006 vintage A330-300 aircraft. The aircraft is currently leased to the Irish flag carrier Aer Lingus, from Castlelake
"We are excited to further grow our portfolio of high quality, in-demand aircraft assets through this acquisition. This marks another successful collaboration with Castlelake, and we are thrilled to welcome Aer Lingus as a valued addition to our expanding customer base at IAT, “ said Martin Browne, CEO of IAT.
Pillsbury acted as transaction counsel to IAT, Vedder Price acted as transaction counsel to Castlelake and Mason Hayes & Curren acted as Irish counsel to IAT.