Deucalion Aviation, a global aviation investment and asset management platform, added two Airbus A330-300 aircraft to its managed portfolio, both on lease to Turkish Airlines. Deucalion served as arranger and servicer on behalf of institutional investors.
The widebody aircraft, equipped with Rolls-Royce Trent engines, were acquired through Deucalion’s global sourcing network and align with the firm’s strategy of targeting mid- to end-of-life widebody assets on lease. The acquisition deepens an existing leasing relationship with Turkish Airlines and further scales Deucalion’s A330 footprint at a time of sustained widebody demand driven by fleet constraints and resilient long-haul traffic.
“This transaction represents an expansion of our relationship with Turkish Airlines and further reinforces the strength of the partnerships Deucalion has built with leading global carriers,” Nate Riggs, chief commercial officer of Deucalion Aviation, said. “Turkish has a world-class operation and a clear long-term fleet strategy, and we are pleased to continue supporting them with flexible widebody capacity. At Deucalion, repeatable, relationship-driven sourcing model sits at the core of how we deliver value for our capital partners, and transactions like this further demonstrate the strength of that approach.”
