Castlelake has completed a sale and leaseback of six A330-200 freight aircraft to Avianca with a 10-year lease term. “We are pleased to build on Castlelake’s existing relationship with Avianca to provide tailored capital solutions that help meet the growing demand for e-commerce in Latin America,” said Joe McConnell, Partner and Portfolio Manager at Castlelake, L.P. “As global airlines return their focus to growth, we look forward to leveraging our platform and extensive experience investing in, and operating, aviation assets to support their goals.” This sale-leaseback and financing is the latest of several transactions between Castlelake entities and Avianca and
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