Search DubaiPRNetwork.com

Dubai and UAE

Tuesday, November 16, 2021/ Editor

Home >> Travel, Tourism, Airline and Hotel

Sky One FZE Purchases Three 777-300s from Boeing Capital Corporation

Home >> Travel, Tourism, Airline and Hotel

Dubai, United, Arab Emirates, Nov. 16, 2021:   Boeing’s [NYSE: BA] wholly owned subsidiary Boeing Capital Corporation and Sky One FZE today announced a sales agreement for three 777-300 airplanes 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 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. “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. Its asset management team works closely with Boeing customers on aircraft technical support and remarketing activities including aircraft sales and leases, aircraft transitions, modifications, configurations and aircraft compliance with various regulations and commercial agreements.

Boeing Capital Corporation is a global provider of financing solutions. A wholly-owned subsidiary of The Boeing Company, Boeing Capital Corporation offers asset-backed lending and leasing, concentrating on assets that are critical to the core operations of Boeing customers. Boeing Capital Corporation’s primary mission is to support the other Boeing business units by ensuring customers have the financing they need to buy and take delivery of their Boeing products.


As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future and living the company's core values of safety, quality and integrity. 

 

Share


Previous in Travel and Tourism

Next in Travel and Tourism


Home >> Travel, Tourism, Airline and Hotel Section

Latest Press Release

DSS 2025 Unveils AED 20 Million In Prizes With Citywide Raffles and Retail Promotions

Emirates SkyCargo doubles down on providing exceptional customer experience

The Emirates A350 begins regular operations to Muscat

Zoho Strengthens Support for UAE's Tech Sector By Partnering with DART

Dubai Launches Landmark Initiative Further Enabling First-Time Homeownership

SalamAir Releases 2nd Quarter (Q2) On-Time Performance Data

'School of Life' Brings a Summer of Enriching Experiences to Public Libraries

Google launches Veo 3 on Gemini in the Middle East and North Africa

Van Cleef & Arpels Unveils Fleurs D'hawaï: An ODE To Color

“Dubai Customs” celebrates the graduation of the first cohort of participants in the security refres ...

G-SHOCK's Summer Style Statement: Metal-Cased Watches That Define the Season

Hatta Hosts Summer Sports Festival to Attract Over 6,000 Participants as Part of 'Our Summer is Spor ...

flydubai breaks ground on new Aircraft Maintenance Centre at Dubai South

The most common mistakes in the care and use of your car's tyres

UAE Team Emirates-XRG and Tadej Pogačar aim for fourth Tour de France title

Dubai Airports hosts guided travel simulation experience for children with autism spectrum disorder ...

Vacheron constantin presents les cabinotiers Temporis duo grand complication openface

Emirates arrives in Shenzhen

Sorbonne University Abu Dhabi and Électricité de France Forge Sustainability-Focused Partnershi ...

Khalifa Fund for Enterprise Development's Abu Dhabi SME Champions Program facilitates 650+ deals wor ...