Boeing Capital Corporation and Sky One FZE have agreed the sale of three 777-300s at the Dubai Airshow. Terms of the agreement were not disclosed.
Sky One FZE is a privately held aircraft leasing company based in the United Arab Emirates. Sky One FZE has a diverse business portfolio, namely dry and wet leasing, Maintenance, Repair and Overhaul services, pilot training, operations, Air Operator’s Certificate management as well as spares and logistics. The firm has a strong focus on growing airlines in Africa, the Commonwealth of Independent States and India.
Sky One FZE Chief Executive Officer, Charles Szar, said: “With the addition of three 777-300s powered by Rolls Royce engines to their fleet, Sky One FZE plans to operate additional commercial flights and further diversify its air charter service offerings. Sky One FZE operates Hajj and Umrah charters and provides additional capacity seasonally by wet leasing to airlines and is pleased to move from four engine 747s to newer 777-300s.”
“The combination of range, fuel efficiency and passenger-comfort of the 777-300 has created success for carriers worldwide,” said Tim Myers, president of Boeing Capital Corporation. “We are pleased to partner with Sky One FZE as they expand their service offerings and deliver greater value for their customers.”
Boeing Capital Corporation currently manages an aircraft portfolio of around $1.8 billion.