BUSINESS

WINGS CAPITAL PARTNERS LLC DECLARES ADDITIONAL AIRCRAFT PURCHASES

27/10/2021 04:08 PM

KUALA LUMPUR, Oct 27 -- Wings Capital Partners LLC (Wings) has announced the purchase of three narrowbody commercial aircraft, adding two Boeing 737-800 aircraft and one Airbus A320-200 aircraft to its portfolio.

According to a statement, the aircraft are on lease to prominent United States and Europe airlines.

“These purchases, along with our commitment to purchase two additional aircraft in the coming weeks, show Wings’ intention to continue to grow our portfolio with high quality assets,” said Nicolas P. Stable, Senior Vice President, Head of Aircraft Transactions.

Wings is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines worldwide.

Led by best-in-class management team with significant aviation leasing experience (33 years average for senior team) and long-standing airline, lessor, banking, investor, and legal relationships.

Wings is owned by active investors, Corrum Capital Management, Sightway Capital, a Two Sigma Company, and the Wings Management Team.

-- BERNAMA


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