Gulf One concludes aircraft transaction
Manama, April 10, 2012
Gulf One Investment Bank has concluded a transaction involving the purchase and lease of two aircraft to a reputed European regional carrier; for a period of 10 years.
The highly sought after aircraft, combined with strong credit quality of the Lessee made the transaction highly attractive for investors seeking a low risk investment, a statement from Gulf One said.
The investment recently distributed its first quarterly cash distribution to investors, the statement said.
The lease is managed by a highly experienced lease manager, who has been managing a large number of aircraft leases for a number of leading global financial institutions. – TradeArabia News Service