Waha Capital sells AerLift Leasing stake

Dubai: Abu Dhabi-based Waha Capital announced on Sunday that it divested its majority stake in AerLift Leasing.

AerLift Leasing was established in 2010, with Waha Capital owning a 60.7 per cent shareholding. The company owns a portfolio of 11 commercial aircraft operated by a number of international airlines. Waha Capital stated that it sold its stake to a “newly-established US-based leasing platform.”

Goldman Sachs served as advisors to Waha Capital on the deal.