Crestone Air Partners Completes PDP Financing and Sale-Leaseback of LEAP-1B Engines with Arajet

Denver, Colorado, February 18, 2026 — Crestone Air Partners announced today that it has completed pre-delivery payment (PDP) financing and a subsequent sale-leaseback for four CFM LEAP-1B engines with Arajet.

The investment represents Crestone’s first PDP financing and first next-generation engine assets, both of which broaden the platform’s capabilities across the aircraft lifecycle. The financing enables Arajet’s continued growth, supports ongoing fleet and engine operations, and provides long-term contracted cash flow for Crestone.

Crestone’s investment approach is rooted in engine leasing and remains a core part of the platform’s strategy. Engines underpin aircraft value and liquidity, and this transaction extends that focus to the latest generation of equipment.

“Access to reliable capital partners is critical as we continue to scale our fleet,” said Istvan Jambor, VP of Fleet at Arajet. “Crestone understood our financing needs and delivery schedule and structured a tailored solution aligned with our growth.”

“We are pleased to work with Arajet on both PDP financing and sale-leaseback and welcome them as a new airline partner,” said Kevin Milligan, Chief Executive Officer of Crestone Air Partners. “The agreement reflects our ability to provide flexible solutions to airlines across the asset lifecycle and marks an important step as we expand into next-generation engines.”

The LEAP-1B powerplants equip Boeing 737 MAX aircraft and represent the latest generation of fuel-efficient narrowbody technology.