Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

DAE and Blackstone Unveil $1.6 Billion Aviation Leasing Initiative

DAE and Blackstone Unveil $1.6 Billion Aviation Leasing Initiative

Post by : Badri Ariffin

Dubai Aerospace Enterprise (DAE) has teamed up with Blackstone Credit & Insurance to introduce a substantial global aviation leasing initiative known as “Equator.”

This long-term effort is set to channel around $1.6 billion each year into aircraft leasing, representing a notable advancement in the global aviation finance landscape.

The Equator platform will prioritize purchasing commercial aircraft that are leased to top-tier airlines worldwide. DAE will take charge of sourcing these aircraft from external parties, while its Aircraft Investor Services (AIS) division will manage the portfolio's operations.

DAE’s CEO, Firoz Tarapore, remarked on the significance of this collaboration, noting that Blackstone’s robust capital resources will enhance DAE’s fleet management for third parties. He stressed that DAE's global footprint and extensive customer connections position it for sustained success with the Equator program.

Aneek Mamik, Senior Managing Director at BXCI, remarked that the partnership bolsters Blackstone's aviation investment profile. He pointed out that this project aligns with BXCI’s strategy of pursuing high-quality, asset-backed investments.

BXCI is set to provide diverse financing solutions for the initiative, ensuring resilience throughout various market fluctuations. The investment will also draw upon capital from funds managed by ITE Management, L.P., a strategic ally of BXCI.

As of December 2025, DAE manages a fleet of around 700 aircraft, including over 100 valued at upwards of $4 billion within its asset management portfolio. The company also serves as a servicing partner in various agreements, offering valuable insights to institutional investors.

BXCI's Infrastructure and Asset-Based Credit Group oversees assets surpassing $100 billion, spanning numerous sectors such as infrastructure, commercial financing, consumer finance, and real estate lending.

The launch of the Equator initiative reflects an encouraging trend in the aviation leasing sector and underscores institutional investment's increasing role in bolstering global airline operations.

April 10, 2026 11:37 a.m. 518

#world news #Global News #Dubai News #UAE News #World Update

Most Americans Say Trump Profited Improperly, Poll Finds
Aug. 19, 2026 3:58 p.m.
A Reuters/Ipsos poll finds 63% of Americans call Trump crypto profits inappropriate, while 69% say business interests influence his decisions
Read More
BKE Accident: SBS Transit Bus Driver Among Three Hurt
Aug. 19, 2026 3:38 p.m.
Three people, including an SBS Transit bus driver, were taken to hospital after a multi-vehicle crash on the BKE in Singapore on Aug 19
Read More
RM1.74m Jewellery Stolen in Genting Highlands Heist
Aug. 19, 2026 3:30 p.m.
Three armed men robbed a goldsmith at SkyAvenue, Genting Highlands, stealing 81 jewellery pieces worth RM1.74 million before fleeing in a BMW
Read More
Pakistan SC Orders Imran Khan’s Transfer to Private Hospital
Aug. 19, 2026 3:18 p.m.
Pakistan’s Supreme Court has ordered Imran Khan’s transfer from jail to a private Islamabad hospital, citing concerns over his health and safety
Read More
Philippines School Shooting Leaves Student and Gunman Dead
Aug. 19, 2026 3:08 p.m.
A student shot and killed a classmate at a school in Zamboanga, Philippines, before taking his own life. Two others were injured in the attack
Read More
LandSpace Successfully Lands Zhuque-3 Rocket Booster in China
Aug. 19, 2026 1:14 p.m.
LandSpace successfully lands its Zhuque-3 booster, marking a major step for China’s reusable rocket technology and commercial space industry
Read More
Kuwait Customs Thwart Gold Smuggling Attempts by Two Indian Travelers
Aug. 19, 2026 12:50 p.m.
Kuwait Customs intercepted two Indian flyers to Ahmedabad, seizing 855g of 24-karat gold hidden in their accessories.
Read More
July Cargo Volume at Port of Los Angeles Hits Second-Highest Record
Aug. 19, 2026 11:38 a.m.
The Port of Los Angeles recorded 960,464 TEUs in July, driven by strong imports and rising consumer demand.
Read More
South Korea-US Drills Cut to Five Days Amid North Korea Tensions
Aug. 19, 2026 11:23 a.m.
South Korea and the US have cut joint military drills from 11 days to five, reducing field training after Trump ordered a major US participation cut
Read More