Crestone Air Partners to Acquire Arena Aviation with $4B Assets and 124 Aircraft
Crestone Air Partners will acquire Arena Aviation Capital, creating a combined platform managing approximately 124 aircraft and 17 engines worth over $4 billion across five countries. The deal, pending regulatory approvals, expands Crestone’s full-service aviation asset management footprint with 55 employees and global offices in Denver, Amsterdam, Dublin, Singapore, and Buenos Aires.
1. Acquisition Agreement
Crestone Air Partners, majority owned by Air T, Inc., signed a definitive agreement to acquire Arena Aviation Capital, subject to customary closing conditions and approvals. The transaction will integrate Arena’s established aviation asset management operations into Crestone’s global platform.
2. Expanded Platform Scale
Upon closing, the combined entity will manage about 124 aircraft and 17 engines under lease, representing over $4 billion in assets under management. The enlarged portfolio spans five countries and serves airline customers worldwide.
3. Strategic Synergies
The merger enhances Crestone’s lifecycle-oriented services by adding Arena’s seasoned team, technical capabilities, and long-standing industry relationships. Expected operational synergies include unified asset management, technical services, lease administration, and market intelligence.
4. Global Presence and Team
The combined organization will maintain offices in Denver, Amsterdam, and Dublin, with satellite locations in Singapore and Buenos Aires. Approximately 55 employees from both firms will support global airline partnerships and investor clients.