Setna iO has acquired an A319-100 aircraft, which is currently on lease to Global Crossing Airlines.
This transaction marks a strategic move in the leasing market for narrowbody aircraft. The A319-100, a member of the Airbus A320 family, provides Global Crossing Airlines with continued operational capacity under the existing lease agreement.
Setna iO, as the new owner, steps into the lessor role previously held by the prior owner. The deal underscores ongoing demand for reliable single-aisle jets in regional and charter operations, aligning with Global Crossing Airlines’ fleet needs.
Financial terms of the acquisition were not disclosed. The aircraft remains in active service with Global Crossing Airlines, supporting its scheduled and charter flights without interruption.
This acquisition expands Setna iO’s portfolio in the competitive aircraft leasing sector, focusing on proven Airbus narrowbodies.