AirFleet Aircraft Leasing & Management Announces Intent to Purchase Several Business and Commercial Aircraft During Dubai Airshow 2005

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On behalf of several multi-nationals, Gulf and Asian based clients; AirFleet Aircraft Leasing and Management will be purchasing and financing the acquisition of several aircraft. AirFleet Aircraft Leasing & Management is a Dubai, UAE based aircraft leasing & management company with over 40 years of experience in the aviation field.

AirFleet Aircraft Leasing & Management announces its intention to purchase four Boeing Business Jets (BBJ), three Gulfstream G550, five Challenger CL604, two B737-800, and five Airbus A320-200 aircraft during prestigious Dubai Airshow 2005, which will take place in Dubai from 20-24 Nov., 2005. The Dubai Air Show is organized by Fairs & Exhibitions (1992) Ltd. in cooperation with the Government of Dubai, Department of Civil Aviation and Dubai International Airport in collaboration with the United Arab Emirates Armed Forces. The business aircraft will be operated by private individuals in Middle East and Asia-Pacific region. While the commercial aircraft will be place with various airlines and new start-up airlines in the Gulf and Asia-Pacific region.

Since AirFleet Aircraft Leasing & Management began its operations in 1965 as a general aviation service company out of Jeddah, Saudi Arabia as now been one of the major aviation companies in the world providing comprehensive range of aviation financing and management services to more than 675 customers worldwide.

Asset-based financing, Islamic financing, Japanese Operating Leverage leases, German Leases, Currency based financing and other traditional financing and leasing options and solutions are provided to our valuable customers. We remain firmly committed to providing a full range of consulting services in the areas of aircraft financing, asset management, assessment and evaluation of aircraft, technical support and contract negotiations.

AirFleet Aircraft Leasing & Management was able to assist several new and existing North American and South American clients during recently held NBAA 58th Annual Meeting & Convention in Orlando, Florida. Financing plays a crucial role in the acquisition of new and pre-owned aircraft; AirFleet Aircraft Leasing & Management have structured various financing and leasing options to meet client’s requirements for acquisition of new or pre-owned business or commercial aircraft. We are also offering very attractive financing for cargo aircraft market place as well.

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