Waha Leasing Purchases Two Aircraft for Aeroflot

ABU DHABI — Waha Leasing has purchased two aircraft — an Airbus 330-200 and an A320-200 from Amsterdam-based AerCap Holdings.

By (Staff Report)

Published: Sat 6 Dec 2008, 12:54 AM

Last updated: Sun 5 Apr 2015, 11:20 AM

The aircraft, both newly-delivered, are subject to long-term operating lease to the Russian airline, Aeroflot.

“The current economic slowdown has been affecting the aviation industry and only few players are pursuing new business this year. Given the prevailing market condition, we are proud to be one of those very few players that still actively engage in competing for new business,” said Salem Rashid Al Noaimi, Chief Executive Officer of Waha Leasing.

“Many aviation companies are deferring business until next year, when the market condition is expected to stabilise”, he said.

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