At the Dubai Airshow, Boeing’s wholly-owned subsidiary Boeing Capital Corporation and Sky One FZE announced a sales agreement for three 777-300 aircraft. The agreement’s terms were not made public.
Sky One FZE Chief Executive Officer Charles Szar said, “With the addition of three 777-300s powered by Rolls Royce engines to our fleet, we plan to operate additional commercial flights and further diversify our air charter service offerings. Sky One FZE operates Hajj and Umrah charters and provides additional capacity seasonally by wet leasing to airlines and we are 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.
He added, “We are pleased to partner with Sky One FZE as they expand their service offerings and deliver greater value for their customers”.
Sky One FZE, established in the United Arab Emirates, is a privately-held aircraft leasing firm. Sky One FZE has a wide business portfolio that includes dry and wet leasing, MRO (Maintenance, Repair, and Overhaul), pilot training, operations, AOC management, and spares and logistics. The company is particularly interested in expanding airlines in Africa, the Commonwealth of Independent States, and India.
Boeing Capital Corporation now maintains a $1.8 billion aircraft portfolio. Its asset management team collaborates closely with Boeing customers on aircraft technical support and remarketing activities, such as aircraft sales and leases, aircraft transitions, modifications, configurations, and aircraft compliance with various regulations and commercial agreements.
Boeing Capital Corporation is a multinational financial services company. Boeing Capital Corporation, a wholly-owned subsidiary of The Boeing Company, specializes in asset-backed lending and leasing, with a focus on assets that are vital to Boeing clients’ core activities. The primary goal of Boeing Capital Corporation is to support the other Boeing business units by ensuring that customers have the finance they need to purchase and receive Boeing products.
Boeing, as a worldwide aerospace leader, designs, manufactures, and services commercial aeroplanes, defence goods, and space systems for clients in over 150 countries. As a leading exporter in the United States, the corporation taps into the skills of a worldwide supply chain to enhance economic opportunity, sustainability, and community impact. Boeing’s diverse workforce is dedicated to future innovation and upholding the company’s key principles of safety, quality, and integrity. Visit www.boeing.com for additional information.
