|
Abu Dhabi: Oasis International Leasing signed a $130 million deal yesterday to sell an Airbus A319 to Saudi-based National Air Services (NAS) and lease it five more business jets.
Gordon Dixon, Chief Executive Officer of Oasis, said the agreement is a first for Oasis in the thriving business and corporate jet market.
"The addition of these aircraft to the NAS fleet helps accelerate the growth and development of the business and will lead to additional mutually rewarding opportunities," said Dixon.
The agreement includes the sale of one Airbus A319 already on lease to NAS from Oasis.
An additional A319 aircraft in corporate configuration is being purchased by Oasis and leased to NAS with two Gulfstream IV business jets and two Raytheon Hawker 800 XP business jets.
NAS will have the option to buy these aircraft in the future.
Maiden venture
This is the first time that Oasis has ventured into the business jet market, which is growing strongly in the region.
With a fleet of 33 aircraft, NAS has just been licensed by the Saudi Arabian government to begin operations from Riyadh as a private scheduled airline in the country's domestic market.
The Gulfstream is a large-sized business jet that can seat up to 14 passengers, and the mid-sized Hawker typically seats six in a luxurious boardroom configuration.
|
