en.Wedoany.com Reported - Deucalion Aviation has announced the acquisition of an Airbus A320-200 aircraft, which has been leased to Vueling Airlines, a Spanish low-cost carrier and member of the International Airlines Group (IAG). Deucalion acted as arranger on behalf of an institutional investor for the transaction and will continue to serve as the leasing servicer throughout the lease term. The financial terms of the transaction were not disclosed.
Nate Riggs, Chief Commercial Officer of Deucalion Aviation, expressed pleasure in welcoming Vueling Airlines to the company's growing portfolio of airline counterparties and in supporting this established operator with a strong network position in one of Europe's most dynamic short-haul markets. He noted that against the backdrop of constrained OEM output, demand for narrowbody aircraft remains exceptionally persistent, and such transactions enable the company to deploy capital on behalf of investors into assets with strong residual utility and reputable operators. In a competitive market, a relationship-driven sourcing channel continues to set Deucalion apart.
The aircraft was sourced through Deucalion's global procurement network. This acquisition marks the 86th Airbus A320ceo aircraft managed by Deucalion since 2004. The transaction further diversifies Deucalion's managed portfolio across operators, geographies, and aircraft types, reflecting sustained market demand for in-production narrowbody assets supported by experienced servicing.
Deucalion Aviation is a global asset management company focused on mid-life and later-stage investment and servicing of commercial aircraft. The company currently manages over $2 billion in aircraft assets and employs approximately 50 professionals across core offices in New York City, London, and Dublin. With over 20 years of aviation industry experience, Deucalion provides comprehensive asset management solutions to its institutional investor base, encompassing sourcing, underwriting, technical oversight, lease management, restructuring, transitions, and remarketing. The platform maintains long-term relationships with airlines, lessors, MRO providers, and industry stakeholders worldwide.
