Hilshaw Group diversifies into the aviation industry with its strategic aircraft leasing joint venture with the leading global aviation company, Aeolus. The venture will be focused on aircraft leasing, special flight operations and related services with an initially planned fleet of 20 commercial aircraft. The fleet will be a combination of narrow body and wide body aircraft to be available to the global leasing market.
The JV will have Aeolus render its expertise and two decades of experience in fleet management. Hilshaw Group’s mandate is to design and manage finance and capital structure for acquiring the fleet.
This joint venture represents a significant milestone for both companies, combining their expertise, resources, and market reach to deliver unmatched solutions in the aviation industry. The collaboration aims to capitalize on the increasing demand for aircraft leasing services and growing opportunities in the global aviation market.
Under the terms of the joint venture agreement, both companies will pool their expert portfolios to establish a diverse and comprehensive fleet of commercial aircraft, ranging from narrow-body to wide-body and regional jets. This synergistic partnership will enable the new entity to offer a wide range of options to airlines, catering to their specific operational requirements and ensuring the highest level of customer satisfaction.
“Hilshaw Group has always employed diversification as part of its growth strategy. This expansion aims to add agility to the region’s and, thereafter, the global aviation industry. Further, the joint venture represents our commitment towards stakeholders, which mandates strategic investments that deliver unparalleled returns,” said Dr Lal Bhatia, Chairman, Hilshaw Group.
“We are thrilled to be working alongside Hilshaw in this venture. Together, we aim to set new standards in the aircraft leasing industry by delivering cutting-edge solutions and ensuring the highest level of satisfaction for our clients.” Said Shabab Attarzadeh, CEO, Aeolus
“This partnership represents a compelling opportunity to leverage the strengths of both companies, enabling us to better serve and drive growth in the aviation sector. We are confident that this collaboration will create tremendous value for airlines, investors, and other stakeholders.” Said Naveed Pirzada, CEO, Hilshaw Group.
Key highlights of joint venture
Enhanced Market Presence: The combined resources and expertise of Aeolus and Hilshaw will solidify the joint venture’s position as a major player in the global aircraft leasing market, with a strong presence in key aviation hubs across the world.
Industry-Leading Customer Service: By leveraging the experience and knowledge of both companies, the joint venture will provide airlines with unparalleled customer service and support, catering to their leasing needs comprehensively and efficiently.
Cutting-Edge Aircraft Portfolio: The joint venture will maintain a diversified fleet of modern and fuel-efficient aircraft, meeting the latest industry standards and environmental regulations. This portfolio will offer airlines the flexibility to optimize their operations and reduce their carbon footprint.
Innovation and Sustainability: Hilshaw Group and Aeolus share a commitment to sustainable practices and innovation in aviation and otherwise. The joint venture will actively pursue environmentally conscious initiatives, striving to contribute to a greener and more sustainable aviation industry.
About Hilshaw Group: – Hilshaw Group is a Multi-Family Office and Investment Advisory with an existing Fund Size of USD 500 Million. The Company primarily invests in low-supply and finite opportunities. It previously allocated USD 175 Million towards the UAE Real Estate Market to maximize the Remote Work Visa opportunity.
At Hilshaw Group, we value the interest and security of our investors and have a tradition of delivering higher returns through untapped and innovative investment opportunities. The Group manages its global investment footprint through its offices in Thailand, Italy, UK and its Investment & Acquisition Head Quarters in Dubai, UAE. www.hilshawgroup.com
About AEOLUS FZCO: Aeolus is established under the laws of the Dubai Airport Free Zone Authorities and holds a general trade license. Aeolus focuses on airline advisory, aircraft brokerage and spare parts trading. Aeolus serves and advises both UHNWI and Airlines in the UAE and around the world for air travel requirements. Aeolus is an airline advisory, aircraft brokerage and trading organization with over 20 years of experience. It serves and advises both UHNWI and Airlines in the UAE and around the world for their requirements.
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