"This acquisition is the next step, not the destination. In roughly four years, we have built Crestone from zero to 120 aircraft and 17 engines on lease to 48 airline customers across 35 countries," said Kevin Milligan, Co-Founder and CEO of Crestone Air Partners. "Backed by Blue Owl's capital and that of our other important longtime partners, we can invest through every phase of the cycle, with the scale, global coverage, and technical depth to serve aircraft owners, airlines, and capital partners. I'm grateful to both teams for getting us here."
Patrick den Elzen, CEO of Arena Aviation Capital
"This acquisition is the next step, not the destination. In roughly four years, we have built Crestone from zero to 120 aircraft and 17 engines on lease to 48 airline customers across 35 countries," said Kevin Milligan, Co-Founder and CEO of Crestone Air Partners. "Backed by Blue Owl's capital and that of our other important longtime partners, we can invest through every phase of the cycle, with the scale, global coverage, and technical depth to serve aircraft owners, airlines, and capital partners. I'm grateful to both teams for getting us here."
