Dubai: Abu Dhabi based aircraft lessor Sirius Aviation Capital Holdings has acquired 10 single-aisle from the Bank of China Aviation.
Sirius, based out of Abu Dhabi Global Market (ADGM), entered into joint ventures with aviation investors Corrum Capital and HPS Investment Partners. Sirius’ share was funded via its commitment from its anchor investor, Abu Dhabi Catalyst Partners (ADCP). (ADCP is a joint venture between Mubadala Investment Company and Falcon Edge, a US investment company.
The acquisition underpins Sirius’ investment strategy of acquiring “in-demand, single-aisle, mid-life aircraft” that are globally on lease, enabling investors to generate attractive risk adjusted returns, said the company in a statement.
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