Sirius Aviation Capital acquires US$290m aircraft portfolio

Sirius Aviation Capital (“Sirius”), headquartered in Abu Dhabi Global Market, announced on 16th January that it contracted to purchase eight aircraft from one of the top 10 aircraft lessors. The aircraft are all mid-life single-aisle types, with a market value of circa US$290m and on lease to 6 airlines globally.

Commenting on the acquisition Edward Coughlan the Chief Commercial Officer of Sirius said:

“We are delighted with our first acquisition of 8 in demand single aisle aircraft (6 Airbus A320’s and 2 Boeing 737-800’s) with an average age of 8 years which have been sourced from a leading global aircraft lessor. This initial portfolio acquisition is a major step forward for the development of Sirius and we look forward to concluding further portfolio acquisitions in 2020.