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Lesha Bank Finalizes Sale of Six Airbus A380s to Emirates

Doha:Lesha Bank has announced the sale of six Airbus A380 aircraft to Emirates, the largest operator of the A380 model. The transaction was conducted through an investment structure on behalf of the Lesha Aviation Fund.

According to Qatar News Agency, two of the six aircraft have already been delivered to Emirates, with the remaining four scheduled for delivery in stages until April 2028, coinciding with the conclusion of their current leases.

This agreement is strategic for Emirates, ensuring long-term ownership of a significant part of its widebody fleet, which supports the airline's expanding global network and capacity strategy from Dubai. The Airbus A380 remains central to Emirates' premium long-haul service offerings.

Lesha Bank views this transaction as a testament to its growing reputation in the aviation sector. The bank highlights its ability to manage aircraft transitions effectively, generating successful outcomes for both clients and investors.

Jonathan Skirrow, Co-Chief Executive Officer of Lesha Aviation Services, expressed satisfaction with the agreement, describing it as a significant milestone. He emphasized the importance of their relationship with Emirates and the focus on delivering structured transactions that add value for investors.

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