flydubai and Standard Chartered Bank (“Standard Chartered”), through its award winning Aviation Finance team, Pembroke, have recently closed a Sale and Operating Leaseback transaction for two Next-Generation Boeing 737-800 aircraft.
This transaction, which was structured and arranged exclusively by Standard Chartered, is the second Sale and Operating Leaseback deal that Standard Chartered has concluded with flydubai.
“flydubai has continued to look to diversifying its sources of funding. The Next-Generation Boeing 737-800 is an attractive asset for the market and with flydubai’s strong credit the Sale and Leaseback of our aircraft remains an important component of our financing portfolio. This latest Sale and Leaseback transaction is in line with our ongoing fleet management strategy. We thank Standard Chartered Bank for their support and look forward to further enhancing our long term relationship,” said Mukesh Sodani, Chief Financial Officer of flydubai.
“We are delighted to support flydubai’s expansion to meet increasing air traffic demand in the Middle East. This transaction reinforces Standard Chartered’s commitment to our clients by responding to their needs with timely and innovative financing solutions. It also cements our position in the region as a long term financial partner. We look forward to continuing to support flydubai’s growth,” said Kieran Corr, Head, Aviation Finance, Standard Chartered Bank.
Summer high season in Spain is always a defining period for general aviation sector, and this year is no exception. With the first two months already behind us, preliminary results are offering a clea...
Capital Jets, an aircraft management company and 14 CFR Part 135 aircraft operator, has expanded its operations with the addition of a Learjet 60XR. Based at Fort Lauderdale-Hollywood Internation...
Volatus Aerospace announced the next phase of its national wildfire response initiative through a strategic partnership with Singular Aircraft, developer of the FlyOx 1 multi-mission heavy-lift autono...
An Airbus A319 of Lufthansa City Airlines is the world’s first test aircraft for a new generation of fuel-efficient AeroSHARK technology. Lufthansa Technik will test approximately 70 transp...
