ADGM-based lessor Sirius brushes pandemic aside and buys 10 jets from BOC Aviation

  • Date: 14-Jun-2021
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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ADGM-based lessor Sirius brushes pandemic aside and buys 10 jets from BOC Aviation

Sirius Aviation Capital Holdings, an aircraft lessor based in the Abu Dhabi Global Market, bought 10 narrowbody mid-life jets from Singapore-based lessor BOC Aviation in the first five months of the year.

Sirius entered into joint ventures with aviation investors Corrum Capital and HPS Investment Partners to acquire the aircraft , it said in a statement on Monday, without specifying the aircraft type.

Sirius' share of the JVs was funded through a commitment from its anchor investor Abu Dhabi Catalyst Partners. ADCP is a joint venture between Mubadala Investment Company and US investment company Falcon Edge.