31 October 2024 | Stratos, a top 10 aircraft asset manager holding a ‘Select Servicer’ qualification from Standard & Poors, has executed three separate transactions involving the sale of four aircraft including two A320 aircraft (MSNs 5653 and 5372) to Avion Express, a 737-300F (MSN 27459) to a Middle Eastern buyer and a leased 777-300ER (MSN 38665) to investors managed by Altavair. This series of trades brings to 17 the total number of aircraft sold or leased by Stratos in the past 12 months – availing of an optimum sale environment to deliver exceptional returns for its various investors across its managed fleet.

The 777-300ER is on long term lease to Air France and the A320s were acquired by the airline at the expiry of the respective leases. The 737 Freighter was sold on behalf of Texel Air (Bahrain).

Fraser Chestney, SVP Corporate Finance at Stratos said: “We are delighted to be executing so many highly profitable trades for our different investors and continue to actively raise further capital and acquire additional aircraft as we work through this strong cyclic recovery in investment returns for this asset class. Our team has done exceptional work on the technical, airline coverage and debt raising sides in the past year to overcome many complex challenges associated with transitioning newish and mid-life aircraft”