Setna iO has acquired an A319-100 aircraft currently on lease to Global Crossing Airlines.
The transaction marks a strategic move in the leasing market for narrowbody aircraft. Details of the acquisition, including financial terms, were not disclosed in the announcement.
This A319-100, a member of Airbus’s A320 family, continues its service under lease to Global Crossing Airlines, a cargo and charter operator. The deal expands Setna iO’s portfolio in the single-aisle segment.
Setna iO, a lessor focused on regional and narrowbody jets, strengthens its position with this addition. Global Crossing Airlines maintains uninterrupted operations with the aircraft.
The acquisition aligns with ongoing demand for efficient narrowbody platforms in passenger and cargo configurations. No further details on fleet plans or additional transactions were provided.