Ashland Place closes engine facility with Crestone Air Partners

Ashland Place Finance (Ashland Place), a commercial aviation financing platform, and Crestone Air Partners (Crestone), a full-service aviation asset management platform, have closed an engine facility financing four CFM56 engines on lease to Cebu Air (Philippines) and TUI Airways (UK). “We are pleased to welcome Crestone as a new member of our commercial aviation financing platform,” said Jennifer Villa, Ashland Place’s Executive Director and Group Head. “One of our market differentiators has been our ability to drive successful outcomes for a wide range of aviation sector companies, and we look forward to continuing this trend with Crestone.” “At Crestone, we