You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Badri Ariffin
Dubai Aerospace Enterprise (DAE) has teamed up with Blackstone Credit & Insurance to introduce a substantial global aviation leasing initiative known as “Equator.”
This long-term effort is set to channel around $1.6 billion each year into aircraft leasing, representing a notable advancement in the global aviation finance landscape.
The Equator platform will prioritize purchasing commercial aircraft that are leased to top-tier airlines worldwide. DAE will take charge of sourcing these aircraft from external parties, while its Aircraft Investor Services (AIS) division will manage the portfolio's operations.
DAE’s CEO, Firoz Tarapore, remarked on the significance of this collaboration, noting that Blackstone’s robust capital resources will enhance DAE’s fleet management for third parties. He stressed that DAE's global footprint and extensive customer connections position it for sustained success with the Equator program.
Aneek Mamik, Senior Managing Director at BXCI, remarked that the partnership bolsters Blackstone's aviation investment profile. He pointed out that this project aligns with BXCI’s strategy of pursuing high-quality, asset-backed investments.
BXCI is set to provide diverse financing solutions for the initiative, ensuring resilience throughout various market fluctuations. The investment will also draw upon capital from funds managed by ITE Management, L.P., a strategic ally of BXCI.
As of December 2025, DAE manages a fleet of around 700 aircraft, including over 100 valued at upwards of $4 billion within its asset management portfolio. The company also serves as a servicing partner in various agreements, offering valuable insights to institutional investors.
BXCI's Infrastructure and Asset-Based Credit Group oversees assets surpassing $100 billion, spanning numerous sectors such as infrastructure, commercial financing, consumer finance, and real estate lending.
The launch of the Equator initiative reflects an encouraging trend in the aviation leasing sector and underscores institutional investment's increasing role in bolstering global airline operations.
#world news #Global News #Dubai News #UAE News #World Update
PM Modi Pays Tribute to Mahatma Gandhi, Urges People to Support Khadi
PM Modi pays tribute to Mahatma Gandhi on Gandhi Jayanti and urges citizens to support Khadi and the
Amazon Seeks to Offload $8 Billion in Nvidia Chips to Investors
Amazon plans to move $8 billion in Nvidia chips to investors, using a new financing model to strengt
Samsung Raises Galaxy S26 Prices as Memory Chip Costs Rise
Samsung raises Galaxy S26 prices in South Korea as rising memory chip costs put pressure on smartpho
Lewis Hamilton Calls Singapore Grand Prix One of F1's Toughest Races
Lewis Hamilton discusses the demanding Singapore Grand Prix and brings Plus44 and Almave to Singapor
Denmark's Pandora Opens World's Largest Jewellery Factory in Vietnam
Pandora opens its largest jewellery factory in Vietnam, expanding global production, strengthening s
Gautam Gambhir Questions Batting-Friendly Pitches After India's Record ODI Chase
Gautam Gambhir questions batting-friendly ODI pitches after India’s record chase, calling for a bett