Sirius Aviation Capital Holdings, which is based in the Abu Dhabi Global Market (ADGM), has acquired 10 aircraft from Singapore-based lessor, BOC Aviation.
A further two were due to be on its books as Arabian Aerospace was going to press.
Sirius also has a pipeline of transactions that it will complete by the end of 2021.
The new lessor acquired the aircraft – a mix of Boeing 737s and Airbus A320s – after entering joint ventures with aviation investors Corrum Capital and HPS Investment Partners.