Private equity house KKR and Altavair announced today the signing of a sale and leaseback with Delta Air Lines for six Airbus A321-200 aircraft. The acquisition was made through aircraft leasing investment platform Altitude Aircraft Leasing, which was established by KKR’s credit and infrastructure funds in 2018 to acquire aircraft to be serviced by Altavair. Altavair chief executive Steve Rimmer said, “We are pleased to again have the opportunity to transact with Delta, especially during this period of economic uncertainty. Due to our longstanding relationship with Delta, we were able to document and close on this transaction in very short order.
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.