Itasca Re, the Bermuda-licensed reinsurance company created by Castlelake, has provided reinsurance for aircraft non-payment insurance (ANPI) in respect of financial leasing of three A321neo aircraft to Turkish Airlines, the flagship airline of Türkiye. The reinsurance policy is secured by three 2023 vintage A321neo aircraft, each powered by two PW1133GA-JM engines. “The Itasca Re team is pleased to provide Turkish Airlines with a reinsurance solution and lay the foundation for a long-term relationship,” said Kostya Zolotusky, chief executive officer of Itasca Re. “We believe that our product will help Turkish Airlines advance its long-term fleet and business strategies by transferring non-payment

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