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Crestone Air Partners To Acquire Arena Aviation Capital, Expanding Leasing Portfolio

Crestone Air Partners has entered into a definitive agreement to acquire Amsterdam-based aircraft investment manager Arena Aviation Capital. The deal is set to create a full-service aviation asset management platform with a global reach. Following the acquisition, the combined entity will manage a portfolio of 91 aircraft and engines. These assets are currently on lease to 45 lessees across 28 countries. Arena's senior management team, including co-founders Patrick den Elzen and Tadas Goberis, will join Crestone Air Partners. This strategic move aims to enhance capabilities in sourcing, trading, and managing aviation assets.

Official Source: https://aviationweek.com/air-transport/airlines-lessors/crestone-air-partners-acquire-arena-aviation-capital