Press Releases
HALO Finances Crestone & Atalaya’s Acquisition and Lease Back of Two Midlife Airbus A320s
Author: gatelesis
May 9, 2024 – Fort Lauderdale, Florida; Tokyo, Japan – HALO AirFinance (“HALO”), a joint venture between GA Telesis (“GAT”) and Tokyo Century Corporation (“TC”) closed a financing for a Crestone Air Partners (“Crestone”)–Atalaya Capital Management (“Atalaya”) investment vehicle to acquire two on-lease Airbus A320-200 aircraft that will be managed by Crestone.
“We are thrilled to support experienced and savvy investors like Crestone and Atalaya” commented Marc Cho, Co-Head and Managing Director of HALO. “This transaction demonstrates HALO’s continued commitment to support secondary market trading activity of on-lease aircraft,” Cho added.
“Crestone is proud to have collaborated with HALO on this transaction. As we continue to build our portfolio, we recognize the importance of finding innovative ways to finance transactions with flexible partners like HALO,” states Crestone’s Chief Investment Officer, Kevin Milligan.
About HALO
HALO AirFinance is a joint venture established by GA Telesis, LLC and Tokyo Century Corporation to focus the extensive capabilities of both organizations to deliver customized lending solutions to airlines, lessors, and investors, covering the collateral spectrum from new to mid-life aircraft and engines. HALO utilizes a sophisticated underwriting approach derived and supported by an extensive platform of services, products, and capabilities of the GA Telesis Ecosystem and the Tokyo Century conglomerate.
For further information, please contact info@haloairfinance.com
About GA Telesis
GA Telesis, a global leader in aerospace solutions, is renowned for its unmatched excellence in aftermarket services and lifecycle management. The GA Telesis Ecosystem™ is a vast global network spanning 54 locations in 30 countries on six continents. The company’s integrated solutions include parts and distribution services, logistics solutions, inventory management, leasing and financing, engine overhaul, and MRO services.
GA Telesis is committed to sustainability through innovative sustainability initiatives and advanced technologies, including digital transformation, and using advanced materials. The company’s aerospace systems and connected aircraft technologies drive efficiency and performance, while its MRO network and 24/7 AOG support provide unparalleled reliability.
For further information, please contact Rylan France at rfrance@gatelesis.com
About Tokyo Century Corporation
Tokyo Century Corporation is an industry-leading financial services company with roots in leasing and develops a business model that integrates “Finance x Services x Business Expertise” through co-creative businesses with partner companies in Japan and overseas. The company holds 49.2% of GA Telesis shares and is the largest shareholder.
Tokyo Century Corporation has four operating segments: “Equipment Leasing” with a broad customer base, “Mobility & Fleet Management” with auto leasing for both corporate customers and individuals and car rental services, “Specialty Financing” driving growth mainly in aviation leasing and real estate business, and “International Business” with a network spanned more than 30 countries and regions worldwide. It provides unique finance and services that contribute to solving social and environmental issues in a wide range of business domains.