Castlelake completes sale and leaseback of three A330 from Condor

Castlelake completion of the sale and leaseback of three new Airbus A330neo from Condor with a 15-year lease term. These aircraft have been acquired by a subsidiary of Castlelake Aviation Limited. The first aircraft was delivered on December 19, 2022 representing Condor’s first new long-haul aircraft under their current fleet renewal program. Recently Castlelake closed the firm’s fourth aviation fund, Castlelake Aviation IV Stable Yield L.P. at $1.5 billion; and the formation of Castlelake Aviation Limited, a corporate lessor of commercial aircraft that to focus on financing a portfolio of modern, young, fuel-efficient aircraft Condor has a fleet of over