Cerberus Acquires Turboprop Lessor Abelo

ATR 42-600
Credit: ATR / BARTHE Pierre
An affiliate of Cerberus Capital Management has acquired turboprop lessor Abelo from funds managed by Oaktree Capital Management, in a move that should allow the lessor to accelerate its growth, Abelo said in a May 27 statement. “With the company’s strategic partnership with regional aircraft...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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