AE Industrial Partners completes sale-leaseback transaction with Allegiant Air

AE Industrial Partners (AEI), a private equity firm, has completed the sale and leaseback transaction with Allegiant Air for four A319 aircraft. The transaction is the firm’s first aircraft leasing transaction made from its AE Industrial Partners Aerospace Opportunities Fund, an aircraft and engine leasing investment platform launched early this year. Terms of the transaction were not disclosed. “We are excited to embark on this partnership with Allegiant and to complete the first aircraft leasing transaction for our AE Industrial Partners Aerospace Opportunities Fund,” said Mark Satran, senior managing director at AEI. “We believe that Allegiant, with its low-cost, domestic