Aquila Air Capital has signed operating leases for three Boeing 757-200Fs with Astral Aviation.
The finance platform focuses on providing asset financing as well as purchasing and leasing aircraft, engines and other aviation equipment.
SkyExec Capital Jets acted as arranger and will service the lease during the term.
Sanjeev Gadhia, CEO of Astral Aviation says: “The aircraft will take over the Nairobi-Johannesburg and Nairobi-Dubai scheduled service with increased frequency for our clients in addition to new scheduled routes to and within Africa and Middle East in 2022. It will also offer point-to-point solutions for Covid-19 vaccines in addition to e-commerce shipments to new markets.”