Air T's Crestone Air Launches New Joint Venture

MT Newswires Live

08/11

Air T (AIRT) subsidiary Crestone Air Partners said Monday it has launched a joint venture, Blue Crest Aviation Partners, anchored by funds managed by Blue Owl Capital (OWL).

The platform seeks to acquire mid-life commercial jet aircraft on lease to airlines worldwide, the companies said.

Financial terms of the deal were not disclosed.

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